Premier League giants Arsenal have reportedly indicated to Ancelotti that they wish to hold discussions regarding the managerial role at the North London club.
After being sacked as Napoli head-coach on Tuesday night, the Italian manager has been strongly linked with a return to the English top-tier where he has previously spent two years at Stamford Bridge.
While there have been conflicting reports claiming that the Gunners wishlist, the Evening Standard reports that the board of Premier League club want to speak with the experienced Italian manager.
The report adds that the Gunners stay hopeful that Freddie Ljungberg, who was appointed as the interim replacement for Spanish manager, Unai Emery, can move the team back towards the top four in the English top-tier.
However, with the ex-midfielder yet to prove himself in the dugout, there remains a desire to identify a long-term option as soon as possible.
Having parted ways with Marco Silva, Everton are also in talks with the Italian manager and keen on to lure him at the Goodison Park.
Meanwhile, Arsenal eyeing move for another head-coach Nico Kovac who has been axed from his current job from the Allianz Arena.