As such, it is understood that Ancelotti has been left feeling wanted by Everton, whereas Arsenal have made him feel like a potential replacement for the recently dismissed Unai Emery.
It is believed, however, that the ex-Napoli boss would prefer a job in London.
What does this mean for Arsenal?
Honestly, it doesn’t sound great.
Ancelotti is a top tier manager, there’s no doubt about that, and his pedigree speaks for itself. With three Champions League titles, plus and a Premier League and an FA Cup with Chelsea, here is a man who has experience at the very highest level, but who can also mix it in the English game.
As such, why wouldn’t the Gunners be tripping over themselves to snap him up?
No offence to Everton, who are a big club in their own right, but if Arsenal have any intention of ever recapturing the glory of the Arsene Wenger era, then they cannot get blown out of the water by a team who are barely Europa League hopefuls.
Sort this out, or board members and supporters are going to end up kicking themselves.