“I have a contract until June that includes an option to extend it for another year if we qualify for the Champions League,” Ancelotti said in the French media.
“I want to stay here, but I know that, at the end of the season, the club will decide whether they're happy or not with my work.
“I haven't spoken with the President. We will see how things stand at the end of the season and, if the club is happy, and I am too, we will continue.
“I'm very happy here, but if the club is not happy, I will have no problem changing.”
Real Madrid boss Jose Mourinho has been touted as a possible replacement for Ancelotti at the Qatari-owned capital club.