Spanish publication Marca reported on Monday that 35-year-old Davide Ancelotti, the son of outgoing Real Madrid coach Carlo Ancelotti, has been approached by 49ers Enterprises, who are in discussions to take control of Rangers FC.
However, Rangers are just one of several clubs being considered by the younger Ancelotti, with Italian side Como also in the mix. In the interim, Davide will begin his role under his father with the Brazilian national team, which he will take on after the month of June.
While Rangers have neither confirmed nor denied interest in Ancelotti, talks with potential managerial candidates are still ongoing. Sources indicate that the process is still in its early stages and that reports suggesting a leading candidate are premature.
Carlo Ancelotti, the 65-year-old five-time Champions League-winning manager, will leave Real Madrid at the end of the month to take on the head coach role with Brazil. His son, Davide, has previously worked as his assistant at Bayern Munich, Napoli, and Everton. As a player, Davide represented AC Milan and Borgomanero.
BBC Sport's Guillem Balague added: "Davide will be with his father for the first two weeks of June. After that, if an opportunity arises, he’ll go on his own. If not, he’ll stay in Brazil."
Barry Ferguson’s Interim Reign and Rangers' Manager Search
Barry Ferguson has taken charge of Rangers’ past 13 matches as interim head coach following the sacking of Philippe Clement in February. The 45-year-old is set to lead Rangers in their final home game of the season against Dundee United on Wednesday, before they conclude their campaign at Hibernian on Saturday.
Ferguson has said that he expects clarity about his and Rangers' future in the coming days and remains confident in his ability to bring success to the club if given the permanent role.
He commented: "Regarding any updates about myself, that will remain private for now, but I’m sure there will be some movement in the next few days. Hopefully, we’ll see some clarity soon. It’s important that the club moves quickly, especially with pre-season coming up and players’ contracts expiring or returning from loan."
Ferguson, who has overseen five wins and four draws during his interim spell, expressed his self-belief in securing the job, despite some ups and downs during his tenure.
"I knew when I took on the role that I could make a difference," he said. "Has it been perfect? No, I acknowledge that. But I believe I’ve done a decent job. I can do better with the right tools, and if given the chance, I’m confident I’d be a success. If someone else gets the role, I’ll support them fully from a distance.
"Would I be disappointed if I don’t get the permanent job? Of course. I’d be lying if I said otherwise, but I’m tough enough to move on. Whoever gets the role, they need the full backing of everyone at the club. Rangers haven't been as successful as they should be for a few years now, and the next manager has a massive opportunity to bring that success back.