Guus Hiddink set on retirement
The 69-year-old took charge at Stamford Bridge for the second time in his career in December after Jose Mourinho left the club following a turbulent start to the campaign.
Hiddink has helped the Premier League champions regain some solidity and only suffered his first defeat of the season when his side were beaten 2-1 by Paris Saint-Germain in the first leg of the Champions League last 16.
Though the former Netherlands boss plans on visiting the club beyond the end of 2015-16, he maintains that he will not go into another coaching role once he leaves London.
"I feel fit, I feel fresh and, every morning, I go with a smile," he said. "Although we have a difficult time when there's a loss, I love to go to Cobham, to the training field, so I feel fresh.
"On the other hand, young people must take over and I must retreat a bit. I will visit Chelsea often next season but I'm not thinking of working elsewhere."
Chelsea take on Manchester City in the FA Cup fifth round on Sunday.