John Terry has confirmed his new one-year deal would be in a "different role", and not just in a playing capacity.
The former England skipper took to Instagram to confirm he had finally been offered an extension by the club, but suggested he would take time to decide whether to accept it.
Premier League fans thought they had seen the last of Terry after he was sent off in Chelsea's 3-2 defeat to Sunderland, a suspension that ruled him out of their final two games of the season against Liverpool and Leicester City.
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However, there is even a chance he could lead them out in their final match against champions Leicester, according to Times journalist Matt Hughes.
Terry, who has been at Chelsea for over 20 years, caused uproar among fans earlier this season when he announced he had been released.
Many of them pleaded with the Stamford Bridge hierarchy to keep the 35-year-old, and while he may not get on the pitch regularly if he does sign the deal, he may be involved in another capacity.
The situation has been particularly complex because Chelsea have been without a permanent manager since December. Interim boss Guus Hiddink has had little power over the Terry situation, but his replacement Antonio Conte could have had a say in the sudden turnaround.
Conte will take over after a hugely disappointing season, and Terry's presence in the dressing room could help with a tricky transition period. He has made over 700 appearances and won four Premier League titles, a Champions League, five FA Cups and three League Cups.
Terry may be past his best, but he is a big personality and embodies the club's culture, which could be invaluable for any incoming manager.
If he does reject the contract, he is set for a move to the Chinese Super League, where he could be given a deal worth £12million.
Should John Terry stay at Chelsea? Have your say in the comments.