The Brazilian soccer federation on Friday denied it had reached an settlement with Real Madrid coach Carlo Ancelotti to take cost of the five-time World Cup winners. “This information is false,” the federation stated in a quick assertion. “The question (of a new coach) is being dealt with in a transparent manner and the chosen coach will be announced when the time is right.”

Ancelotti is at the moment with Real in Morocco on the Club World Cup, the place his workforce will play Saudi Arabia’s Al Hilal in Saturday’s ultimate.

The 63-year-old Italian instructed a press convention on Friday his intention was to see out his contract with Real.

“My situation is pretty clear. I have a contract until 2024,” stated Ancelotti, who returned for a second spell with Real in the beginning of final season.

Brazil are on the lookout for a brand new coach after Tite stepped down following the nation’s quarter-final loss to Croatia on penalties on the 2022 World Cup.

Former Spain coach Luis Enrique, Manchester City boss Pep Guardiola, Zinedine Zidane and Jose Mourinho have all been frequently cited by Brazilian media as potential successors to Tite.

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)

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