Reports earlier this week claimed big-spending PSG were lining up a move for Cole as Ancelotti wants to be reunited with the England star in the French capital.

Cole's future at Stamford Bridge has been the subject of speculation with the full-back entering the final year of his contract and yet to open talks over an extension.

However, Ancelotti insists he is not planning a move for Cole as he claims PSG have finished their summer spending.

"The transfer window is over for us," Ancelotti told Abola. "The club did a good job.

"All the news from England [about Cole] are just rumours."