In a recent interview with TG1, the former Chelsea manager advised Ancelotti to continue at Los Blancos as he thinks that the Italian is the perfect candidate to manage a club of their stature.
He was quoted saying, "I think only a madman would leave Real Madrid when he is still wanted. I am certain that at the first sign from Florentino [Perez, Madrid's president], Carlo will remain, because he is perfect for Real Madrid and Real Madrid are perfect for him."
When Rai2 asked if there was a possibility that the Portuguese manager could move back to his former club in Spain, he said, "Me at Real Madrid? When you have a super coach, why should you think of another? Knowing Don Florentino [Perez, Madrid president], and I know him very well, he is a super intelligent man. If he reads the press he has his very clear ideas. As a Madridista, as a man who has some white ribs, and as an Ancelottian, I hope that the season goes fantastically and that next season Carlo is still there, because I think he is the perfect coach for Real Madrid."