Chelsea boss Carlo Ancelotti has denied media reports in Italy which claimed he could become the next manager of the national team.
The 50-year-old former Reggiana, Parma and Juventus coach is reported to be the preferred candidate of officials in Italy to replace current international boss Marcello Lippi when his contract with the Azzurri expires at the end of next summer's World Cup Finals.
But after ending his eight-year reign at AC Milan to take over at Chelsea last summer, Ancelotti is in no rush to return to Italy.
He explained: "I won't be Azzurri coach next year.
"I'm Chelsea coach and we I want to see how this beautiful adventure will end."
Meanwhile, Ancelotti expects the reigning world champions to again be a prominent force in South Africa next summer, but stopped short of declaring them favourites for a second successive World Cup triumph.
"The World Cup is a fantastic spectacle and I'll see it live," he continued.
"It will be a balanced competition. I don't see a team that could stand out over the others.
"In South Africa the climate will be fresh, and theoretically, it's an advantage for the game."