"We do not need Sneijder," Ancelotti told reporters this week when asked of the deal.
"Lucas Moura will arrive in January and so we will not get him, nor De Rossi.
"In January we will have only Lucas. Sneijder has the profile to play in any club in the world. But this does not mean that he will be here and that we have spoken with him.
"He will not come here, that's for sure. Someone, however, could go."
However, Italian sources say a move for Sneijder is in the early stages of negotiations, with the Dutchman set to be offered a three-and-a-half-year, 6.5m-a-season contract in the French capital.
PSG hope to sign Sneijder for a €12 million fee.