The French club have not yet given up on securing the services of the 22-year-old striker and will put together a new offer for the Brazilian once the season comes to an end
The ambitious French club failed to wrap up a deal for Pato in January, with Ancelotti stating on several occasions that they would try again at the end of the season.
"We already talked about Pato in January, I think that it will happen again in June," Ancelotti told Sky Sport Italia.
The Italian coach also took the time to salute Milan trio Alessandro Nesta, Gennaro Gattuso and Filippo Inzaghi as the three players have announced they will leave San Siro at the end of the season.
"I feel sad because these are players who have had great careers at Milan," he noted.
"But life goes on and I am sure that other doors will open for them."
Massimiliano Allegri is about to enter his third year in charge of the Rossoneri, and Ancelotti praised the conditions that Milan have always offered to their coaches.
"I think it is more exhausting to coach other sides than Milan, who are a great club," the 52-year-old said.
"The atmosphere at Milan is ideal to work at the highest level. It is better than at any other club."