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Bayern Munich have lined up out-of-work coach Carlo Ancelotti to replace Pep Guardiola if the Spaniard refuses to extend his contract beyond the end of the season. Guardiola has been heavily linked with Manchester City in recent weeks and months.
Real Madrid forward Cristiano Ronaldo is set to snub a return to Manchester United in favour of a Paris Saint-Germain switch in 2016.
Real Madrid president Florentino Perez is preparing a bid for Neymar having missed out on signing the Barcelona star in 2013.