The Italian has admitted he'd love to have Pogba at the Bernabeu, and suggested Real Madrid may look to bring him in this summer.
Speaking to RMC Sport, Ancelotti called the United and Chelsea target one of the most talented midfielders in Europe.
"He is a very good player," said Ancelotti. "He has a very good future. He is at a big club and is doing a very good job.
"He is a complete midfielder. Get him? Why not. This is one of the best young midfielders alongside [Marco] Verratti and Isco."
The 20-year-old French international has emerged as a transfer target for several of Europe's top clubs, with Paris Saint Germain also interested and reportedly willing to offer up to €70m.
He actually made a handful of first-team appearances under Sir Alex Ferguson, but fell out with the then-United boss over a lack of playing time.
He's flourished into one of the continent's most promising players, with Juventus desperate to tie him down to a long-term deal to keep him in Turin.
They may have their work cut out this summer though, with Europe's biggest clubs queuing up.