Current Real Madrid manager Carlo Ancelotti reportedly won’t be heading to South America to take charge of the Brazil national team. According to MARCA, Ancelotti has ultimately decided to turn down the offer.

The Italian has been linked with the Brazil national team, but now it looks like he won't be going to South America

Real Madrid are unhappy with the timing and financial arrangements of Carlo Ancelotti's exit from the club, leaving his reported move to take over as coach of the Brazil national team in jeopardy, sources told ESPN Brasil.