The Italian has been continually linked with the Spanish giants recently, and fuelled that speculation when he told a Ligue 1 awards ceremony: “I have asked the club to leave and I am waiting for their answer because I am under contract.”
The club have since indicated that they will not be allowing Ancelotti to break his contract.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.