James has been the prime target for Gli Azzurri as that will see him reunite with Ancelotti in the Serie A if he secures a move to the side.
Having spent the last two years of his career at Bayern Munich on loan, James’ future at Real Madrid remains uncertain after the German club refused to make his stay at the Allianz Arena permanent.
And that has linked him with a move to the Naples based club which his former manager Ancelotti hopes the Colombian playmaker joins the club.
"I don't know if he'll come, but we hope so.
"I know him very well, he can play in all the midfield positions. I used him as a left-winger, as a number 10 and or even on the right.
"His position on the pitch isn't a problem. He's adaptable, he can play in many positions.
"As for the number 10 shirt, the important thing is that he puts on the Azzurri jersey. His number isn't important.
"However, he needs time and patience."
The Italian club are reportedly interested in recruiting the left-footed player on loan, though Real Madrid desire for permanent sale of €42 million, a procedure to raise funds for their busy transfer window.
Despite Napoli emerging as the potential suitors for the player’s services, Atletico Madrid are also said to be monitoring the current situation of the 27-year-old.
James joined Real Madrid from French Ligue 1 side AS Monaco in 2014 for a reported fee of £63 million.