Premier League duo Arsenal and Everton have both been touted as the next destination for Carlo Ancelotti since the Italian manager was sacked from his position at Napoli earlier this week.
Carlo Ancelotti lost his job as the Napoli manager on Tuesday night despite leading the Italian Serie A side to victory in the Champions League.
According to the report from the Daily Mirror, Carlo Ancelotti was placed on gardening leave immediately after his dismissal meaning that the Italian tactician is still on the payroll at Napoli with interested clubs like Arsenal and Everton expected to pay huge compensation fee for him if they want him as their next manager.
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Carlo Ancelotti is not a stranger to the Premier League having been appointed the Chelsea manager in 2009.
He spent two seasons at Chelsea before being sacked in 2011.
Ancelotti won the Premier League title at Chelsea during the 2009/10 season thus becoming the second Blues boss to achieve the feat behind Jose Mourinho.
He was named the Napoli manager last summer and led them to second place in the league last season which was his first full campaign with the club.
Carlo Ancelotti lost his job as a result of a nine-game winless run until his last game, the 4-0 win over Genk FC of Belgium in the Champions League on Tuesday.