 After retiring as a player, Tancredi worked as a goalkeeping coach for Roma until 2004 before following coach Fabio Capello to Juventus and taking the same post.At the start of the 2006–07 season, Tancredi followed Capello to work as a goalkeeping coach at Real Madrid.On 14 December 2007, Tancredi was formally appointed goalkeeping coach of the England national team in line with the appointment of new England manager Fabio Capello.