The Italian has been linked with the Brazil national team, but now it looks like he won't be going to South America

Real Madrid are unhappy with the timing and financial arrangements of Carlo Ancelotti's exit from the club, leaving his reported move to take over as coach of the Brazil national team in jeopardy, sources told ESPN Brasil.

It’s all gone wrong (part one) for Carlo Ancelotti at Real Madrid. One of the most successful managers in the world has seen Real Madrid stumble badly this season. Second in La Liga; dumped out of the Champions League in the quarter finals;