Current Real Madrid manager Carlo Ancelotti reportedly won’t be heading to South America to take charge of the Brazil national team. According to MARCA, Ancelotti has ultimately decided to turn down the offer.

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

With Brazil needing a clean break to finalize the move, the lack of financial clarity has thrown a wrench into the deal. Reports in Brazil (via ge.globo) suggest talks have already been called off. The CBF may now turn to Jorge Jesus, currently managing Al Hilal, as their backup plan.