AC Milan boss Carlo Ancelotti has told Chelsea he is ready to take over from interim manager Guus Hiddink at the end of the season, according to reports.
Sources in England and Italy claim the 52-year-old Italian, who was reported to be the Blues' first choice to replace Big Phil Scolari but was unwilling to leave Milan during mid-season, will sign a three-year contract worth £5.8 million.
Following Ancelotti's mid-term snub Chelsea owner Roman Abramovich used his close ties with the Russian FA to lure Sbornaja coach Hiddink to Stamford Bridge on a temporary basis in February.
The Dutchman has been a great success but has always insisted he will return to his job as Russia manager at the end of the Premier League season and Abramovich admitted it would be "politically difficult" to poach Hiddink on a permanent basis from the Football Union of Russia.
As a result Abramovich has agreed a deal with Ancelotti, who is also a target for Real Madrid and he has a gentleman's agreement with Milan owner Silvio Berlusconi that he can leave in the summer.
However, Milan striker Alexandre Pato expects Ancelotti to still be at the San Siro at the start of next season.
"Ancelotti always helps me, both in matches and in training," said the Brazilian teenager. "With this in mind, I will not be happy if he leaves and I don't think he will. He has a close bond with the club."