Carlo Ancelotti has been officially announced as the new head coach of the Brazil national team by the CBF (Brazilian Football Confederation), generating major excitement ahead of the 2026 FIFA World Cup. After weeks of behind-the-scenes negotiations, the financial details of his contract have reportedly come to light.
Ancelotti, who is currently managing Real Madrid, is expected to begin his role with Brazil on May 26. Having coached 10 clubs throughout his career and previously served as an assistant for the Italian national team, this marks his first time in charge of a national side.
According to Brazilian outlet O Globo, the deal was negotiated by financial executive Diego Fernandes on behalf of the CBF. Ancelotti has reportedly agreed to a contract worth R$4 million per month—approximately $700,000 USD. In addition, he will receive a €5 million bonus if he leads Brazil to victory in the 2026 World Cup.
The agreement also includes a number of perks. The Italian coach will have access to a private jet to visit his family in Europe and the CBF will cover rent for his residence in Rio de Janeiro. These benefits reflect the organization’s desire to create optimal conditions for the decorated coach.
Initially, Ancelotti’s tenure is expected to last 14 months, ending after the conclusion of the World Cup. Following his departure from Real Madrid, he is scheduled to announce Brazil’s squad for two upcoming World Cup Qualifiers: against Ecuador on June 5 and Paraguay on June 10.
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A potential Brazil vs. Real Madrid friendly?
CBF president Ednaldo Rodrigues has described Carlo Ancelotti as “the greatest coach in history,” a title earned in part through his record-breaking tenure at Real Madrid. Given the deep connection between Ancelotti and the Spanish club, one intriguing clause in his contract stands out.
As reported by O Globo, the agreement between the coach and the CBF includes a potential friendly match between the Brazil national team and Real Madrid. While no official date or confirmation has been issued, the idea of such a match—centered around Ancelotti’s dual legacy—has captured international attention.
