Important news coming from Italian journalist Gianluca Di Marzio. Apparently, Manchester City are interesting in having Carlo Ancelotti as Manuel Pellegrini's successor.
Di Marzio was the first journalist who reported Pep Guardiola's deal with Bayern Munich, so he is somewhat reliable. It should be noted as well that Carlo Ancelotti's future with Real Madrid is uncertain. According to some reports from Spain, the Italian coach would only stay in Madrid if the team wins the 2014-2015 Champions League title. If Real Madrid only win La Liga, his position on the team for the upcoming season is in doubt. If that happens, expect Zinedine Zidane to become Real Madrid's next coach, even though the French is struggling with Castilla at the moment.
City would offer Ancelotti a big contract and possibly quite a lot of money to spend on the transfer market as well.