The iconic Italian trainer, who has worked with the likes of Cristiano Ronaldo, Zlatan Ibrahimovic and Paolo Maldini, took part in a Questions & Answers session on our official Facebook page on Tuesday.
You submitted countless fantastic questions on Goal’s Facebook page (facebook.com/goal/), with Ancelotti discussing everything from the state of Italian football to Chelsea's chances against PSG. Check out his answers below...
Ancelotti, of course, is currently preparing for his next massive job, having agreed in January to replace Pep Guardiola as Bayern Munich boss this summer.
The former Italy international has been out of the game since parting company with Real Madrid last May - just a year after leading Los Blancos to 'La Decima', their historic and long-awaited 10th European Cup.
It was Ancelotti's third Champions League triumph, with the 56-year-old having lifted the trophy twice during his nine-year spell in charge of AC Milan between 2001 and 2009.
However, the 56-year-old has also tasted success in England and France, winning league titles with both Chelsea and Paris Saint-Germain during what has been a trophy-laden and peripatetic coaching career to date.
Indeed, his experience and links with each one of Europe's 'Big 5' leagues means that Tuesday's Q&A session is an unmissable event for those interested in finding out what it takes to successfully coach the top clubs and best players in world football.