Carlo Ancelotti ended any doubt about his immediate future on Saturday by saying he will honour the last year of his contract with Real Madrid amid interest from Brazil.
Brazilian FA (CBF) president Ednaldo Rodrigues told Reuters in March that Ancelotti would be an obvious choice to fill the vacant national managerial position if he was available at the end of the European season.
After Real Madrid's humiliating 4-0 defeat by Manchester City in their Champions League semi-final on Wednesday, speculation grew that his job was under threat, with Real also failing to win the LaLiga title as bitter rivals Barcelona clinched it with four games to spare
"Everyone knows really well what my situation is: I have a contract until the end of the 2024 season, and I want to stay," Ancelotti told a news conference, clearly annoyed when asked about the Brazil interest yet again.
When a reporter asked if the club had assured him that he was staying, Ancelotti replied with an emphatic: "Yes!"
Real, however, has not made an official statement about Ancelotti's future.
President Florentino Perez gave a vague answer when asked about Ancelotti following Real's 2-1 victory in the Copa del Rey final.
Italian Ancelotti experienced Perez's short temper when he was sacked in 2015, one year after guiding Real to their long-awaited 10th European Cup title.
"It could have been a better season, but it was a good one," Ancelotti said when asked how he would assess the 2022-23 campaign.
"Of course, we are not satisfied with La Liga, but we fought to the end in the other competitions... and won three of them."
Ancelotti was referring to the Spanish Cup, FIFA Club World Cup and the European Super Cup victories.
The Brazilian FA did not respond to Reuter's contacts early on Saturday morning, but its president said recently they were willing to wait for Ancelotti until June so they could assess other options, including AS Roma's Jose Mourinho and Fenerbahce's Jorge Jesus.