AC Milan coach Carlo Ancelotti dismissed on Saturday media reports that he has agreed to take over at Premier League Chelsea next season.
"I exclude the possibility of going to Chelsea," Ancelotti was quoted as saying after his side won 1-0 at Chievo Verona to consolidate third place in Serie A. "I exclude Manchester (United) too."
The 49-year-old coach has repeatedly said he intends to serve out his contract, which runs until June 2010, after being made favourite to succeed interim manager Guus Hiddink at Chelsea as well as being linked to Real Madrid.
Third-placed Milan are 12 points behind Serie A leaders Inter Milan and Ancelotti has been told by club officials that third spot is a minimum requirement.
Ancelotti, Serie A's longest serving manager after being appointed in 2001, led Milan to European Cup triumphs in 2003 and 2007 but has captured only one league title in 2004.