Reports that Carlo Ancelotti, currently the manager of Real Madrid, has agreed to manage Brazil have been quashed as "unfounded.".
The 63-year-old Ancelotti is currently competing in the Club World Cup in Morocco with the 14-time European champions.
The coach will be announced at the appropriate time, the Brazilian Football Confederation said. ".
Since Tite left after Croatia defeated Brazil in the World Cup quarterfinal in December, Brazil has been without a manager.
Ancelotti stated on Friday that he intended to see out his current contract with the Spanish giants. His only prior experience in international management was as an assistant with Italy in the 1990s.
My situation is fairly obvious. I'm under contract until 2024," said Ancelotti, whose team will play Al Hilal of Saudi Arabia in the championship game on Saturday.
The Selecao position has also been linked to Luis Enrique, Pep Guardiola, Zinedine Zidane, and Jose Mourinho by Brazilian media.
