Carlo Ancelotti has turned down an offer to coach Italy, leaving Roberto Mancini as favourite for the job, Italian media reports said on Sunday.
The 58-year-old, sacked by Bayern Munich in September, held talks with Italian federation (FIGC) officials in Rome last Monday, according to reports published in several newspapers including Corriere dello Sport and Gazzetta dello Sport.
One of the reasons given was that Ancelotti believes he can get a job with a leading European club. The FIGC could not immediately be reached for comment.
Italy, currently at an all-time low of 20th in the FIFA rankings, have been without a permanent coach since November when Gian Piero Ventura was sacked following their failure to qualify for this year’s World Cup in Russia.