After the season ends new think about a new coach if Ancelotti intends to leave Santiago Bernabeu because for now Ancelotti will focus on completing his duties until his contract expires. A number of young coaches have been targeted by Real Madrid and perhaps Xabi Alonso and Julian Nagelsmann will be Real Madrid's management choices because these two coaches have good abilities in managing the club.
It's just speculation because Madrid don't seem to want to be too exposed about who is going to be the coach or the players they are targeting so their news even though there are a lot of rumors but in the end it's like a wind that has no direction because Madrid always has a way of closing themselves about the rumors that befall them.
At the momentMadrid already have some names for coaching candidates but there is still no further information about this and indeed the names Xabi or Nagelsmann are also only a condition which is only based on rumors.
Anceloti goes to Brazil and i think that Alonso is the main favorite to be the coach and i think its mostly decided. He did an excellent job with Leverkusen. He is the perfect coach for Real Madrid and if he goes there it will be a big deal for Real Madrid. With him as a coach they will gain a lot for next couple of seasons for sure.