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 said 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 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 La Liga title.

"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, have not made an official statement about Ancelotti's future.