Asked if he would want to have Balotelli in London, Ancelotti told La Stampa: "I like him.
"I don't know how easy it is to coach him. If it is true that he is prone to indiscipline, then (Inter coach Jose) Mourinho does well to punish him.
"But I hope he does not throw away his great talent."
The 19 year old, who is of Ghanaian origin, was left out of the squad for Sunday's 1-0 triumph over Fiorentina and reports in Italy claim Balotelli's relationship with Mourinho is strained.