Carlos Ancelotti reportedly planning to fly to London in next 24-hours to hold talks with Everton over taking over at Merseyside.

Just days after shockingly losing his job despite guiding his former side into the knockout stage of the Champions League, Carlos Ancelotti is faced with an offer to return to management.

According to reports the former Chelsea manager is set to return to the premier league as Everton manager as the Toffees have moved far ahead Arsenal and have booked for an appointment with the 60-year-old.

Everton chairman Bill Kenwright and owner Farhad Moshiri are expected to be meeting with Ancelotti once he arrives London where he also has a property while he was still with the Blues.

At the other end, Arsenal seem not yet decided on what to do concerning their management role with Ljungberg still in charge as the interim manager and several names lined up.

Mikel Arteta, Patrick Vieira and Allegri are among the names outlined for the Arsenal job and Ancelotti seems not ready to be among the long que.