Real Madrid manager Carlo Ancelotti is among a list of potential candidates Manchester United are considering to replace David Moyes.
The former Chelsea boss is, according to the Independent, among three managers Manchester United are hoping to appoint before the start of next season.
Ancelotti, Netherlands coach Louis van Gaal and Diego Simeone of Atletico Madrid are said to be attracting interest from Manchester United after the Glazer family decided to dismiss the under-fire Scotsman.
Reports had suggested Van Gaal was leading the race to take up the reins at Old Trafford, however Ancelotti could be seen as the better option if he leaves Real Madrid at the end of the season.
Van Gaal will be heavily occupied during the course of June and July with the Netherlands national team at the World Cup.
His participation at this summer's tournament in Brazil could have a major impact on Manchester United's transfer plans as he would be left with a minimal amount of time to bring in new reinforcements.
Ancelotti, on the other hand, could be available at the end of the season if Real Madrid fail to win either the Champions League or La Liga title.
Real Madrid, who are currently behind Atletico Madrid and Barcelona in the title race, take on Bayern Munich in the semi-finals of the Champions League later tonight.