Possible Liverpool target Carlo Ancelotti is looking for a return to club management, but has hinted it will not be until next season.
Ancelotti was sacked by Real Madrid at the end of the 2014-15 season and decided to take a break, but Liverpool were reported to be interested in bringing the Italian back to the Premier League to replace the axed Brendan Rodgers.
The 56-year-old had three seasons in charge of Chelsea and claimed three trophies, including leading the Blues to the Premier League title in the 2009-10 season.
But Liverpool now appear to be favouring a move for former Borussia Dortmund manager Jurgen Klopp, who has also been on a sabbatical away from the game since leaving the Bundesliga side.
And Ancelotti confirmed on Tuesday that he was in no rush to return despite his former assistant Paul Clement saying he would be a good fit for Liverpool.
"I enjoy my time now but, of course, I want to come back to manage - to work - because it is my passion," Ancelotti told the Associated Press at an event in London.
"I want to take my time to rest, but next season I am ready."