Manuel Pellegrini's tenure as Manchester City manager could soon be coming to an end with the Chilean on the brink, according to the bookmakers.
Only West Ham United's Sam Allardyce looks more likely to depart his job, with Pellegrini under pressure after a poor season in the Champions League and Premier League thus far.
City are six points off Chelsea in the Premier League title race and the Pensioners also have a game in hand on the Sky Blues.
With the Citizens now unlikely to capture any silverware this season, it looks like Pellegrini could pay the price.
Price shortens on replacement
The Italian won a Premier League and FA Cup double during his time in charge of Chelsea and has also celebrated Champions League success on three separate occasions as a manager.
In the wake of City's 1-0 loss to Barcelona on Wednesday the shortest price available on Ancelotti has moved from 6/4 to 6/5, with bookmakers seemingly confident of his appointment.
Fellow La Liga manager Diego Simeone remains second in the betting at a price of around 4/1 though with the Argentine set to sign a new contract at Atletico Madrid, his cross-town rival looks a more likely candidate.