Carlo Ancelotti is set to turn down an offer to lead Saudi Arabia to the World Cup, according to reports in Italy.

Mediaset Premium claim the former Paris Saint-Germain, Chelsea, Real Madrid and Bayern Munich boss has been approached after Edgardo Bauza’s dismissal.

Although the financial rewards would be extraordinary, Ancelotti does not seem intent on accepting the role.

He is also holding off on the idea of becoming the new Italy CT until the Federation has a President in place.

Carlo Ancelotti is set to turn down an offer to lead Saudi Arabia to the World Cup, according to reports in Italy.

Mediaset Premium claim the former Paris Saint-Germain, Chelsea, Real Madrid and Bayern Munich boss has been approached after Edgardo Bauza’s dismissal.

Although the financial rewards would be extraordinary, Ancelotti does not seem intent on accepting the role.

He is also holding off on the idea of becoming the new Italy CT until the Federation has a President in place.

The Saudi bench has been rather troublesome of late, as Bert van Marwijk took them to their first World Cup qualification in 12 years.

He was nonetheless fired in September, reportedly for failing to move his permanent residence.

Bauza was hired and sensationally sacked this week after just two months in charge.

The former Argentina Coach oversaw five friendlies, which resulted in two wins and three defeats.

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