Of course, I think Ancelotti is officially coaching Brazil and he's just finishing out the remainder of his contract with Real Madrid. But it seems that it's just a rumor, because today I read the official news from Real Madrid. Actually, I was surprised because I just read this. Because I was sure that Ancelotti would leave because Real Madrid had not yet offered a new contract. So many rumors say that Xabi is the main target to replace Ancelotti. If I'm not mistaken, currently Fernando Diniz is the manager of Brazil. I don't know if they will immediately look for a replacement for Ancelloti.
It's normal to hear diverse speculations about the transfer of any player or coach. Xabi Alonso has been linked to many clubs recently. There have been speculations that he would replace Carlo Ancelotti in Real Madrid but with the news about the extension of his contract, such speculation has been laid to rest after the news of his contract extension to 2026. There are now rumours that Xabi will be replacing Thomas Tuchel in Bayern Munich. One of Munich's greatest players and a former CEO of the club Karl-Heinz Rummenigge really wants to see Xabi take over the coaching of the club. But I don't know why Munich is considering replacing Tuchel because has not been performing badly. However, Xabi can freely move to any of his former clubs which include Real Madrid, Liverpool and Bayern Munich this summer.