Guus Hiddink has revealed he intends to take some time out of football after leaving his role with the Turkish national team, despite rumours linking him with a return to Chelsea.
The Dutch master has distanced himself from a Stamford Bridge comeback, but admits he is in regular contact with Blues owner Roman Abramovich.
Hiddink enjoyed a successful four-month spell in west London in 2009 when he replaced Luiz Felipe Scolari as interim manager, and guided Chelsea to FA Cup glory, as well as a third place finish in the Barclays Premier League.
That summer, the 65-year-old returned to his permanent position as head coach of Russia, but speculation has continued ever since that he could one day head back to Stamford Bridge.
As pressure increases on current Blues boss Andre Villas-Boas following yesterday's 2-1 defeat at the hands of Liverpool - Chelsea's third defeat in their last four games - rumours linking Hiddink with a dramatic return have once again resurfaced.
But the Dutchman has ended speculation, for now at least, after revealing his plans to take some time out away from the game, when asked if he had been offered a role in west London.
"No, I was contracted to the Turkish Federation at the time," he told RT. "The relationship [with Abramovich] was and has been and will be very good.
"When I go to London, I am always welcome at Cobham [Chelsea's training ground] and the stadium.
"We don't speak every week but every now and then there is contact and I feel very welcome always. I will take some time off and we will see what the future brings."
Hiddink refused to answer questions about whether he would consider a return to Stamford Bridge, out of respect for the current Chelsea manager - whom he insists will succeed, providing he is given time to do so.
"I haven't agreed anything with anyone because I was in Turkey," he reiterated. "That's why I will take my time to settle down and reflect on what to do.
"I have made the decision to stop the previous job and then one must take some time to reflect and look where there is a prestigious project, not just football but also through other things where I can help somewhere."