After Ancelotti's rejection, Man Utd must go all out for Pep Guardiola
The Bayern Munich manager says he will not renew terms with the Bundesliga champions and will leave the Allianz Arena this summer when his contract expires.
Guardiola is one of the world's most innovative coaches, with vast success in his short career to date.
The retired midfielder won 14 trophies in four years at former club Barcelona, and has landed back-to-back Bundesliga crowns in Germany.
Guardiola recently confirmed he had already received offers from Premier League sides but is yet to select his next employer.
"I want to experience a new city and I want to work in England. I have several offers from England, but I haven't signed anything yet," he said.
"I have an opportunity to work in England. I'm at the right age and I feel it is the right move for me."
Guardiola will undoubtedly have plenty of options given the changing climate at the pinnacle of the English game.
Chelsea recently parted company with Jose Mourinho after a forgettable start to the 2015-16 campaign, with Guus Hiddink taking charge until the end of the season on an interim basis.
The Blues are being linked with a move for Diego Simeone, but will surely be tempted by Guardiola's availability and were mentioned as suitors previously.
Manchester City seem like a possible destination, with former Barcelona executives Ferran Soriano and Txiki Begiristain both already in positions of power at the club.
Manuel Pellegrini's position seems less than secure, despite signing a new contract in the summer, with every chance the Chilean could be shown the door in favor of the Bayern chief.
Most Arsenal fans would surely love to see someone of Guardiola's caliber replace Arsene Wenger, but the long-term boss seems unlikely to retire for a few years yet.
However, the most fitting destination seems to be Manchester United, who have struggled since the retirement of Sir Alex Ferguson.
With Louis van Gaal failing to bring style or substance to the side this term, the Dutchman seeing out his current deal until the summer of 2017 appears unlikely.
Guardiola's arrival would be a significant boost for the Old Trafford side, with his tactical acumen and man management surely getting the Red Devils back into silverware contention.
Reports in the press this week suggest United made an approach to Carlo Ancelotti late last year, but the Italian rejected the proposal, instead opting to replace the Spaniard at Bayern.
Finally, Guaridola is a self-confessed football romantic and puts emphasis on a club's tradition and history. As such, United's standing in the world game would surely appeal to him.
One thing is for sure - given the trouble United has faced on the pitch this season, it is the club that needs Guardiola the most. Pep on the other hand is free to choose and United will need to move fast to secure their target.