Carlo Ancelotti refused to be drawn on speculation linking Real Madrid with Liverpool striker Luis Suarez during his first conference since leaving Paris Saint-Germain for the Santiago Bernabeu.

The Italian was finally announced as the new Madrid manager on Tuesday, almost a month after Jose Mourinho presided over his last game with the club before leaving for Chelsea.

Real Madrid were reported to be pursuing Suarez weeks before the appointment of Ancelotti, following the Uruguayan's declaration that he intends to leave Liverpool before the close of the transfer window.

Most recent reports in the Spanish press claim the 26-year-old has already agreed terms with Real Madrid, although Los Blancos have yet to approach Liverpool with a formal proposal.

Ancelotti, however, was not willing to respond to suggestions Real Madrid are closing in on a deal for the Liverpool star, and says he will review potential transfer targets over the coming few days.

"We haven't spoken yet about new signings, because it's my first day here," Ancelotti told reporters

"Today I can not say who goes or who stays. There is no time. In the coming days we will know."

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