You might be wondering why we are even mentioning this.
After all, Ancelotti played down speculation linking his former Los Blancos star with a January reunion at Goodison Park just last week. But it is worth remembering that, back in July, the Everton boss did exactly the same when asked about reports suggesting James Rodriguez could be on his way to Merseyside.
“James Rodríguez? He followed me as a rumour to Napoli and now he is following me to Everton as a rumour. I have to be honest – I like him a lot. But he is a Real Madrid player and I think he will still be a Real Madrid player,” Ancelotti told the Guardian.
Two months later, James was posing for photos in front of the Gwladys Street end with a royal blue scarf hanging around his neck.
Ancelotti’s bullish comments when asked about Isco’s future at the Santiago Bernabeu, then, should be taken with a pinch of salt.
The experienced Italian is holding his cards close to his chest and, just like when discussing James, he was never going to show his hand with five weeks until the January window opens.
The Mirror reported that the £18 million-rated Isco, perhaps inspired by the renaissance enjoyed by another Madrid outcast at Everton, wants to link up with Ancelotti again.
“Right now, we have not received offers – but he wants to try in another league,” said the four-time Champions League winner’s father.
After starting just three La Liga games so far under Zinedine Zidane this term, Isco’s stance should come as no surprise. But, if Marca are to be believed, Real Madrid have been left stunned as their seldom-seen Spanish international plots a winter escape.
With James rebuilding his career in England, who could blame Isco for wanting to follow in his footsteps?