The Italian manager was sacked by Bayern Munich last week, but he is not set to return to action in the Chinese Super League
Tianjin Quanjian have denied being interested in appointing Carlo Ancelotti as their head coach.
The Italian was sacked by Bayern Munich last week following a 3-0 Champions League defeat to Paris Saint-Germain and has been linked with a lucrative move to the Chinese Super League.
Former Bayern star Mario Basler claimed in September that Ancelotti had a pre-contract agreement in place with a CSL club, although the 58-year-old rubbished those claims.
Rumours have since emerged that Tianjin have considered replacing Fabio Cannavaro with Ancelotti but the club's billionaire owner, Shu Yuhui, says that is not the case.