Ancelotti quits AC Milan, may be Chelsea-bound
Carlo Ancelotti quit as coach of Serie A powerhouse AC Milan on Sunday, fuelling speculation that a move to England's Chelsea is in the works.
"Myself and the club have decided to interrupt my contract that ends in 2010," Ancelotti said. "I'm finishing now. I'm saying goodbye to this great adventure and I want to thank everyone.
"Our roads are parting."
Milan vice-president Adriano Galliani said club director and former player Leonardo will be Ancelotti's replacement.
"Leonardo will be the new coach of Milan," Galliani said. "He will be presented tomorrow at midday."
Ancelotti's squad defeated Fiorentina 2-0 in the last game of the season to finish second in Serie A, securing the Rossoneri a direct route to next year's Champions League.
The popular theory is that Ancelotti will take over Guus Hiddink's role as Chelsea manager, after Hiddink's interim stint with the Blues came to an end Saturday following the team's victory in the FA Cup.
But Ancelotti was mum on any future plans.
"I'm not in a position to discuss my future as I haven't reached any accord with any club," he said. "Nothing has been secured in London."
The 49-year old from Reggiolo, Italy joined Milan in 2001 and has won two Champions League titles and one Serie A championship in that time.
With files from The Associated Press