Paris Saint Germain boss Carlo Ancelotti reportedly turned down offers to manage Liverpool and Manchester City last November, with French press making the explosive claims that the Italian was wanted by three Premier League clubs towards the end of last year.

Despite a massive spending spree financed by owners Qatar Investment Authority results have fallen short of expectation, with PSG being pipped by Montpellier to the Ligue 1 title last season, and though they currently sit six points clear at the top, the hierarchy are believed to be considering a change in management.

Ancelotti possesses an impressive CV, having won two European Cups and the Serie A title with AC Milan, while he was cruelly sacked by Chelsea in 2011 having taken the club to a league and cup double in his first year in charge.

Carlo Ancelotti
French media claims Carlo Ancelotti was sounded out by Liverpool and Manchester City, amongst other clubs.

The 53 year old has a wealth of funds available to him, while the club's ambition helped secure a five-month deal for former England captain David Beckham.

But La Parisien understands that Liverpool and City, along with Real Madrid, have all sounded out Ancelotti in the past four months about his future, with another unnamed Premier League club also making enquiries regarding his availability.

A move to the likes of City or Madrid would no doubt provide Ancelotti with similarly substancial funds to work as he enjoys at PSG.

However, claims that Liverpool also enquired are particularly curious, considering the Reds' owners have continually placed their faith in Brendan Rodgers to lay the foundations for long-term success at Anfield.

Both City and Madrid would seem a more realistic option, with Roberto Mancini and Jose Mourinho likely to come under pressure come the end of the season, with the pair set to relinquish their league crowns.