Brazil’s hopes of naming Carlo Ancelotti appear to be in the bin with the Italian to remain at Real Madrid.

Following a win over Cadiz at the weekend, Ancelotti said he would be happy to wait for the final possible day before re-signing with Los Blancos, but that won’t be necassary.

Relevo report that a two-year deal is on the way for the four-time Champions League winner, and it’s likely to be announced by the end of the year.