Ancelotti has downplayed the possibility.
"Any chance of [Ronaldo] coming here does not exist," Ancelotti told La Stampa. "Money is not sufficient. The deciding factor is the will of the club that he plays for.
"He is a great talent who needs to play regularly. I like players with great quality and I have that.
"What I have read in the newspapers makes no sense. With Lucas Moura we will have 30 players and I do not need any more."
"I am very calm," he added. "The person that said that about him and Cristiano Ronaldo is a member of the Al Thani family, not the owner.
"The owner is not thinking like that."