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“He’s a very important player for us regarding the World Cup,” Ancelotti added.
Neymar, 33, extended his contract with Brazilian side Santos to the end of the year this week.
Neymar’s career has been dogged by injury, and he has only played 12 matches in five months for Santos, scoring three goals.
Brazil’s top scorer with 79 goals was missing from Ancelotti’s first squad at the end of May.
With Neymar absent five-time world champions Brazil qualified for next year’s World Cup with a 1-0 win over Paraguay this month.
AFP