Speculation surrounding Brendan Rodgers' future has never been too far away in the last 12 months, and rumours have once again been rife after a stuttering set of results over the past five weeks.
Seven points from their first three games represented a solid start for the Champions League hopefuls, but Rodgers' men are without a win in any competition since August 17 and have looked bereft of any creativity in the final third, Philippe Coutinho aside.
Gone are the days when Rodgers' swashbuckling Reds swept all before them aside en route to almost ending their 25-year wait for league title in the 2013-2014 campaign.
Rodgers was on the brink of legendary status in May 2014, but his stock has since taken a nosedive, and his position is under threat.
Ex-Chelsea boss Ancelotti is the latest to be linked with the Anfield hotseat, and Italian publication Calcio Mercatoweb reported on Tuesday that the coach had been sounded out about the possibility of taking over from the Northern Irishman.
Jurgen Klopp is also a name that regularly comes up in connection with the five-time European champions whenever they stumble, and while Ancelotti is certainly a manager to set pulses racing at Anfield, the Italian is unlikely to be given the job by owners Fenway Sports Group.
If Rodgers was going to lose his job, it would have been after FSG's frank inquest into just how the Reds' season miserably unravelled after the end of the last campaign.
The showdown talks resulted in sackings for the likes of Colin Pascoe and Mike Marsh, and Rodgers was subsequently entrusted with around £80m to reshape his squad in the summer.
It makes little sense to give Rodgers his P45 just weeks after he was allowed to splash the cash and bring in the likes of Roberto Firmino and Christian Benteke, who are ranked third and second respectively in the club's all-time list of expensive signings.
Benteke, Firmino, Danny Ings, Joe Gomez, Adam Bogdan, Nathaniel Clyne and James Milner were all signed, while Divock Origi finally pitched up on Merseyside after his loan spell with Lille came to an end.
Despite the disappointing results so far, it seems unlikely that Rodgers will be axed from his role six weeks into a new season.
The end of last season provided FSG with the chance to stick or twist, and their decision to retain Rodgers was an emphatic one.
So while some supporters salivate at the prospect of having the legendary Ancelotti take over the reins at Anfield, Rodgers' detractors may find they are left wanting, for now.