Reports have suggested that Ancelotti is in line to become Brazil's head coach as the replacement for Tite, who left his role after the Selecao's exit at the 2022 World Cup in the quarter-final stage to Croatia.

At a press conference ahead of Wednesday's LaLiga match against Elche, the Madrid boss was asked if the trio of Vinicius Junior, Eder Militao and Rodrygo have mentioned the rumours.

"They joke about it," the Italian said. "They laugh about it, but we haven't talked about it. We're friends, they laugh.

"They're jokes. But the reality is different. I have a contract [at Madrid] until 2024."

The three Brazilians have been key to Madrid's success under Ancelotti in recent years, but it was not enough for Vinicius to be named in FIFA's FIFPro Men's Team of the Year 26-player shortlist for 2022.

The shortlist was revealed on Monday, with Vinicius' name surprisingly absent despite winning LaLiga and scoring the only goal of the Champions League final against Liverpool in Paris.

The 22-year-old scored 20 goals and recorded 14 assists in 49 games for Los Blancos in 2022, and Ancelotti has been left confused by his omission from a selection of seven forwards that included his Madrid team-mate Karim Benzema, Lionel Messi and Cristiano Ronaldo among others.

"Vinicius not being there seems strange," he said. "I think they've made a mistake."