Carlo Ancelotti admits that he would like to manage the Italy one day, but he insists it will not happen for at least another decade.

The 56-year-old, who has been out of the game since being sacked by Real Madrid at the end of last season, will replace Pep Guardiola at Bayern Munich from the start of the 2016-17 campaign on a three-year deal.

The former Italy international has constantly been linked with becoming manager of the Azzurri at some stage in his career and he has now confirmed his intention to do just that, but not until 2026 at the earliest.

He said: “I started with the Azzurri next to Arrigo Sacchi and I might as well finish that way. Of course that means I need to keep working for the next 10 years now until I can reach 2026. Once I get there, then I will start thinking about the Italy job.”

The former AC Milan boss admits that he would love to steer his country to success at a World Cup and he has set his sights on world glory in 2030.

Ancelotti added: “According to historical recurrences, Italy will get to the final of the championship in Russia [2018] and win the one in 2030 – I will be 71, just the right age for one last hurrah.”

The current Italy side, under the stewardship of Antonio Conte, are preparing for Euro 2016 this summer where they will come up against Belgium, Sweden and Republic of Ireland in Group E.

The Italians are on offer at 2.75 to finish top of the group while they are available at 1.20 to qualify for the knockout stages.