The Italian was dismissed by the Stamford Bridge outfit in the summer after failing to land any silverware in 2010-11, and has been out of a job for a number of months.
Despite being linked with roles in his homeland, he seems intent on returning to the Premier League if the opportunity arises.
“I have a strong will to remain in England, for a coach, this is the ideal country,” he told Italian newspaper La Repubblica.
“But I would only consider top clubs, including Tottenham and Liverpool.
“It’s evident that [Arsene] Wenger’s bench is wobbling and that in several months’ time, an English coach will be appointed to replace ([Fabio] Capello in the national team, which will free up a place in a club,” he continued.
Ancelotti’s downfall at Chelsea had much to do with his record against Manchester United, who knocked the London side out of the Champions League and beat them to the Premier League title.
Despite this, he has spoken of his admiration for Sir Alex Ferguson.
“As time goes on, the more I fall in love with Ferguson. As a coach, he is unusual.
“It’s not as if he guides the training sessions because he delegates a lot and has an excellent staff. But he understands football like few do.
“With him, all the players improve. He has no fear of introducing youngsters. United play a European style of football, a modern style. But above all, Ferguson is a great person and he is humble,” he concluded.
By Gareth McKnight