Arsenal, Machester United and Liverpool have been put on high alert as Ancelotti has stalled contract talks with Real Madrid.
Ancelotti recently revealed that he would like to return to management in England. Paris Saint-Germain have courted the Italian manager in recent times and after winning la decimal with Real Madrid the former AC Milan and Chelsea manager might be looking on for his next challenge. Ancelotti returned Real Madrid to the heights of European glory and English clubs could use his abilities. Arsenal are already appearing to lose patience with Wenger and the North London club would welcome a chance to trade Wenger for Ancelotti if recent reports form the Emirates are anything to go by.
Ancelotti may just be stalling his negotiations as a means to milk more money out of the deal.