Chelsea's manager remains an admirer, though he reckons "Pato will stay with Milan."
He added: "Aguero? All teams follow young talent and he is certainly one of them, like Pato."
But Ancelotti is not planning for a lavish spending spree when the transfer market re-opens in 2010, despite their transfer ban being suspended by CAS.
He said: "We have the problem that some players will leave for the African Nations Cup. However, I think that even in January we will remain as we are."