Ancelotti desperate to secure Cole to Chelsea contract
Defender Alex signed a new four-year deal earlier this month while striker Salomon Kalou put pen to paper on a new three-year contract.
England midfielder Cole is out of contract at the end of the season and Ancelotti said: "We want to maintain the squad because that will ensure it stays very competitive. We need these players for the future. We may make one or two changes in the summer."