The highly successful Italian coach has returned to the Bernabeu to succeed Zinedine Zidane, having previously managed the La Liga side between 2013 and 2015. During that time, he led the club to a Champions League triumph.
Despite a promising start to the Premier League season, the 62-year-old has returned to Spain after just under two seasons at Goodison Park. He most recently guided the side to a rather lackluster tenth place finish.
After signing a four-and-a-half-year contract with the Toffees when he took command in December 2019, it appeared that the former AC Milan manager would be a long-term appointment. Still, he has instead decided to forsake the club's vision and return to Spain.
Although his time in England is coming to an end, it appears that Ancelotti is interested in bringing one of his former Everton players to the Spanish capital, with Goal stating that he has made 'contact' with Richarlison about a prospective transfer.
The 24-year-old, who is now on international duty with Brazil at the Copa America, is believed to have gotten a call from his former manager about a possible move; however, the report indicates that talks are still in the early stages.
However, a bid for the brilliant forward might be made in the coming weeks, with the player previously connected with a move to Madrid's fiercest rivals, Barcelona. During Marco Silva's tenure as manager, the former Watford man joined the Toffees in 2018 and has since scored 42 goals in 119 appearances.
While he scored 13 goals last season, the Brazilian was chastised by Everton fans for his performances throughout the season.
With the club's contentious appointment of former Liverpool manager Rafa Benitez, it remains to be seen whether Richarlison is a vital part of the Spaniard's plans or if he may potentially be allowed to leave for the right price.