The Italian coach is reportedly on the Camp Nou shortlist, amidst fears Luis Enrique could spark a managerial emergency.
Amidst the managerial merry-go-around currently going on at the Santiago Bernabeu, with the future of Carlo Ancelotti hanging by a thread, is a sensational story which has appeared in Spanish newspaper, El Pais.
They claim that uncertainty over the future of Barcelona boss, Luis Enrique, who has yet to declare whether he'll remain at the Camp Nou, has lead to the sports directive of the Catalan club drawing up a shortlist of possible replacements.
At the top of that list, according to sources consulted by El Pais, is none other than current Real Madrid manager, Carlo Ancelotti, who is apparently aware of the interest, which has been communicated to him discreetly and indirectly, thus far.
The report points towards the uncertainty over whether Enrique will remain at Barcelona, despite the likelihood he could achieve a superb treble of silverware, with a stark message: "The possibilities that he might not be there next season are 70%" right now.
As such and in the event of a potential managerial emergency, the sports directive led by Ariedo Braida, has situated Ancelotti at the top of a list of Enrique replacement candidates.
Understandably, the fact Braida has enjoyed a strong previous working relationship with Ancelotti, at AC Milan, makes his recommendation no surprise.
In addition, Ancelotti is also backed by Briada as an ideal candidate to consider, based on his excellent handling of stellar players, highlighting how he managed players such as Schevchenko and Kaka, to become Ballon d'Or winners, under his guidance.
However, should such a managerial switch come to pass, it would inevitably become a remarkable story. One of many throughout history between the two biggest arch rivals in world football.