AC Milan coach Carlo Ancelotti has agreed to leave San Siro and coach Chelsea starting next season, Italian and English newspapers reported on Thursday. According to papers from both countries, the former Juventus boss will be paid a yearly wage of £5.8 million at Stamford Bridge. Ancelotti has been working at Milan since 2001, which makes him one of the longest serving coaches in Italy. The former Italy midfielder already won two UEFA Champions League trophies, one Serie A title and two European Super Cups for the Rossoneri. Chelsea owner Roman Abramovich has always had close ties with Ancelotti's representatives, and now it seems the Italian has all but signed for Chelsea. The Premiership side are currently managed by Dutch coach Guus Hiddink, who said that he'll leave the club and return to his post as Russia coach at the end of the season.