Ancelotti took to social media to deny the intention of his words being Real would refuse to compete in the FIFA tournament.
He posted to social media: “In my interview with Il Giornale, my words about the FIFA Club World Cup were not interpreted in the way I intended.
"Nothing could be further from my interest than to reject the possibility of playing in a tournament that I consider could be a great opportunity to continue fighting for big titles with Real Madrid."
Il Giornale reported Ancelotti stating: “FIFA can forget about that. Footballers and clubs will not participate in that tournament. A single Madrid match is worth 20 million and FIFA wants to give us that figure for the entire tournament: negative. Like us, several clubs will reject the invitation.”