Former England manager Fabio Capello has snubbed an approach from Liverpool - but remains open to an offer from Chelsea.
Capello has become the latest manager to turn down the Reds, after Swansea boss Brendan Rodgers and Ajax supremo Frank De Boer elected to stay with their respective clubs.
The former-Milan boss has won league titles with four of Europe's top teams, namely AC Milan, Real Madrid, Juventus and Roma, and has the pedigree to lead either club. But the Italian is not keen on joining the Anfield side, whose eighth place finish left them outside the European qualification places.
Chelsea, in contrast, sealed Champions League qualification with victory over Bayern Munich in the final, despite finishing fifth in the Premier League.
And the Blues have the added advantage of their London location, as Capello is believed to prefer to stay in the capital, where he lived as England manager. The former-Madrid boss is eager to test himself in the Premier League, and is willing to work on an initial one-year deal, according to the Daily Mail.
Fenway Sports Group have instead turned their attentions to Wigan boss Roberto Martinez, while Chelsea's leadership have met to discuss possible candidates should they decide to ditch Roberto Di Matteo.
The former-Blues midfielder remains one of the favourites to land the full-time job, however, after guiding Chelsea to the Champions League and FA Cup.