Sportsmail exclusively revealed last month that the Serie A club wanted Ancelotti to replace sacked Claudio Ranieri.
And ex-Roma striker Rizzitelli fuelled speculation, saying: 'I believe there are negotiations with Ancelotti and Roma already.
Roma talks: Ancelotti's old pal Rizzitelli let the cat out of the bag
But it all depends on how much money is available. If Ancelotti comes to Roma, he expects a competitive side,' Rizzitelli claimed.
'So we have to see how much cash the owners are willing to provide for him as he will need the money to bring in important players.
'Ancelotti is a coach who earns big money, and so it's normal that he would have to reduce his demands to come to Roma.'
The Italian last week denied the possibility of an immediate return to Italy to take charge at Roma but admitted he would return to his homeland in the future.
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