Everything had been agreed upon, everything was settled — and then it fell apart: Carlo Ancelotti will not be taking over Brazil! Something broke down between Brazil and Ancelotti, who decided at the last moment to withdraw. According to Marca, the Italian coach traveled to London on Monday to sign an agreement with the Brazilian Football Confederation and take over the five-time world champions. He had already made the decision to leave Real Madrid and take the Brazil job, but at the last moment, he informed the Confederation’s representatives that he no longer wanted to manage the South American national team.Carletto struck a deal with Brazil, he’ll be succeeded by his former Madrid playerThe experienced manager personally thanked the president of the Brazilian Football Confederation, Ednaldo Rodrigues, for the interest and respect, but said he had decided not to take the position. Instead, Ancelotti is now considering a move to Asia, as he is evaluating a lucrative offer from Saudi Arabia. The rumored contract would earn him a staggering 50 million euros per year, an enormous sum that few could refuse. Brazil had expected to announce their new coach in June, with an official presentation scheduled for May 25, during which he would unveil the squad for matches against Paraguay and Ecuador. That plan has now completely collapsed, and Spanish media report that financial reasons are behind the decision. Instead of heading to Brazil, Ancelotti is likely going where many others have gone in pursuit of a “bag of money” — the Middle East. It’s a final decision by the current Real Madrid coach. Regardless, he will leave the club, and according to reports from Spain, he will be succeeded by Xabi Alonso, who is set to leave Bayer Leverkusen at the end of the season.🚨 Carlo Ancelotti is telling Real Madrid that since they decided to part ways with him, they need to pay him a SEVERANCE FEE.The club is REFUSING, saying he is leaving to join Brazil, and not just being fired. Florentino Perez is PERSONALLY blocking the deal. @geglobo pic.twitter.com/f3woHTedTd— Madrid Zone (@theMadridZone) April 29, 2025 Brazilian Globo gave the same report, that Ancelotti will not be the next manager, but with a different twist. In their version, it’s not about Saudi Arabia money, but rather money which Real was supposed to give to the Italian, which, as expected, Florentino Perez declined to do. In Ancelotti’s mind, Real Madrid initiated the coaching change, and he still has one year left on his contract — meaning he could request compensation. According to Brazilian sources, Ancelotti asked for four million euros, but Real rejected the demand. Upon learning of the Italian’s verbal agreement with the Brazil football federation, Perez refused to pay. He would only accept releasing Ancelotti for free. Therefore, the agreement reached between Ancelotti and the CBF will no longer be finalized. Jorge Jesus, who is leaving Al-Hilal, is the favorite to take over the Brazilian national team.UEFA CHAMPIONS LEAGUE – SEMI-FINALSFirst legTuesdayArsenal – PSG 0-1 (0-1)/Dembele 4/Wednesday22:00: (1.65) Barcelona (4.30) Inter (5.20)***odds are subject to change***
