Ancelotti remains under contract with Real Madrid until 2026, and if he secures major silverware, such as La Liga or the Champions League, club president Florentino Perez is expected to keep him at the helm. The Italian has previously stated that he would never willingly leave Madrid, but should the club end the season without major trophies, Brazil may see an opportunity to lure him away.
With Ancelotti’s availability uncertain, the CBF is also weighing other potential options. Among the names being considered is Filipe Luis, the former Atletico Madrid defender and current Flamengo head coach.