“I think it’s a good appointment for Chelsea, I’m not so sure its good one for Liverpool though,” said Gerrard.
With Gerrard predicting a rejuvenated Chelsea, the title dream could be even harder to make reality than first impressions.
“We will have to wait and see. He is a fantastic manager, one of the best in the world,” he continued.
“We played two Champions League finals against him when he was at AC Milan. We won one on a fantastic night in Istanbul but the second time around they beat us and he was spot on tactically in the second game.”
Gerrard also said that he expects Ancelotti to join in the mind games that have been so public recently between Reds boss Rafa Benitez and his counterpart at Old Trafford, Alex Ferguson.
He said, “They are both fantastic managers and it will make the Premier League even more exciting.
“These managers love going head to head against each other to test each other, so I am sure Rafa and Ancelotti are looking forward to testing themselves again.”