Ancelotti replaces Jose Mourinho, who left at the end of last season under a cloud.
The Italian will be charged with helping the Spanish giants win their 10th Champions League crown.
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?