Ancelotti was never in the race for Mario Balotelli...
Balotelli, who is just hours away from completing his move from Inter to the Citizens, was linked with the Blues, but Ancelotti has offered a different view.
Asked by La Stampa whether the Italian was close to Chelsea at some point, Ancelotti said: "This doesn't result with me.
"City have spent the most in Europe and they will be fighting for the title. Mario is a crazy talent, but the Premier League is ideal for him.
"He will find Roberto Mancini, the coach that launched him in Serie A."
Ancelotti was asked what his aims are with Chelsea, and all eyes are on the Champions League.
"My first impact with Chelsea was winning the league, the FA Cup and Community Shield. I am missing the Champions League - that is my dream," he concluded.