Chelsea's manager hunt continues

Any lingering doubt about the likelihood of Ancelotti's arrival at Stamford Bridge was dispelled in unequivocal fashion by the double Champions League winner as he spelt out his desire to remain at the San Siro.

"I'm staying at AC Milan for sure, and for many seasons to come," said Ancelotti. "I've not spoken to anyone at Chelsea - any other reports are football talk and pure speculation."

Chelsea will continue to pursue their targets with renewed vigour on Wednesday, although it now appears that the search will focus on other contenders.

The Blues insisted they were happy with the progress of their search for a replacement for the sacked Grant by releasing a statement on their official website.

"We are extremely happy how our search is progressing," the statement read. "Contrary to reports, Chelsea Football Club has not reached agreement with any individual to become manager, nor have we sought permission from any organisation to talk to their manager."

Former Chelsea coach Jose Mourinho, who was installed as the new coach of Inter Milan on Tuesday, declined to say whether Ancelotti would be the right man to step into the role he vacated last September.

Mourinho said: "Ancelotti is a great coach and Chelsea is a big club with great players, but Abramovich has better experience of football at the moment than when he started with Chelsea and I don't think he needs any other opinion.

"I cannot say if Ancelotti wants to move there or not, or whether Milan are open to the offer or closed.

"All I can say is that I support Chelsea and wish the best to whoever does take over."