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Ancelotti compensation talk rejected

Real Madrid president Florentino Perez has denied reports that haggling over compensation is holding up Carlo Ancelotti's appointment as the club's new coach.

Perez has previously revealed that Madrid were interested in hiring Ancelotti to replace Jose Mourinho, while saying that he knew the Italian was under contract at Paris Saint-Germain.

Widespread reports have since claimed the move was being held up by PSG's insistence that the Italian's release clause was paid in full, with Marca last week stating that Ancelotti himself might stump up €2 million of his own money to force the deal through.

The Los Blancos chief, however, told the Spanish paper that these stories were untrue, and asked rhetorically whether anyone really believed PSG's Qatari owners were that concerned about such a trifling sum.

"I have read that they have asked us for €4 million for Ancelotti," Perez said. "I can assure you that nobody has asked for this amount or any other. Do you believe that, with PSG's budget, €4 million more or €4 million less is important to them?"

The identity of Madrid's next coach dominated conversations at Madrid's Estadio Santiago Bernabeu on Sunday, where a legends team including Zinedine Zidane - himself a candidate for the position according to Perez - defeated a Juventus side by two goals to one.

Zidane and Fabio Cannavaro played for both of their former teams, while retired stars including Luis Figo, Roberto Carlos, Fernando Redondo, Edgar Davids and Pavel Nedved also featured.

Cannavaro, who jokingly offered himself as an assistant to a coach he knows from their time together at Parma in the late 1990s, said Ancelotti's record showed he was an ideal fit for Madrid.

"He is a coach with a lot of experience," Cannavaro said. "He has won the Champions League with Milan while playing great football. He has also won things in England and recently the French league with Paris Saint-Germain. I do not need to put him forward. He has a good CV to do well at Real Madrid."

Figo said he did not have personal experience of working under Ancelotti, but the Italian's record suggested he would do a good job.

"I do not know Ancelotti as a coach, I have never worked with him, but from what has been seen, he is a good coach and his results are there to see," the former Portugal international said. "He has a lot of experience preparing teams and has always won trophies."

Roberto Carlos said that Ancelotti was a leading candidate for the role, but would face a challenge in adapting to the particular circumstances of the Madrid job.

"Ancelotti is a great coach, but there is a problem, how he adapts," he said. "At Real Madrid you do not arrive and convince from the first day, you must adapt to the philosophy of the club. And the players also have to understand him."

The former Brazil left-back suggested that the new man would need to be prepared for the kind of turbulent working environment which Mourinho faced over the last three seasons, particularly if things did not immediately go well for him.

"Whichever coach comes, Ancelotti or whoever, must know that working at Real Madrid is not so easy," Carlos said. "Here you must always win, whether it is the Liga, Champions League or Copa del Rey, and, when you do not manage that, there are polemics and conflicts."

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