Borussia Dortmund manager Jurgen Klopp, one of the frontrunners for the Chelsea job in the summer, has ruled himself out after committing his future to the German Bundesliga champions.
The Blues are in the lookout for a manager at the end of the season, with owner Roman Abramovich scouring high and low to find a coach capable of bringing the English Premier League title back to Stamford Bridge.
Interim manager Rafa Benitez is not expected to remain beyond this season, with fans expressing their dislike for the Spaniard, while results have not exactly gone according to plan.
The likes of Jose Mourinho, David Moyes, Diego Simeone and Roberto Martinez have also been linked with Klopp thought to be one of the leading candidates.
However, the Dortmund boss insisted he has no plans of quitting the German club. "I have a contract until 2016," Klopp was quoted as saying by the Evening Standard. "I have said 20 times I'll definitely stay until 2016.
"Everybody thinks I say it but that if a club like Chelsea or Real Madrid come in for me, I will go. This is something I can't change but they will see.
"I was the coach at Mainz before Dortmund for seven years. Each year I could have left for a Bundesliga club but I said 'no, I have a contract, I will stay.' I enjoy what I'm doing here at Dortmund. It's a great club, a great city, everything is OK.
"It is a really big honor for me, coming from a small village called Bretten in the Black Forest where 1,500 people live, that somebody thinks I can train Chelsea. It's not a normal story, it's a special story. But I don't think about it.
"I had this situation when I was in Mainz. It's not about the money for me. I have enough to eat three times a day! It's a big honor, but in this moment I'm not on the market, I'm sorry!"
Dortmund sporting director Michael Zorc echoed Klopp's comments, while stating even if Chelsea paid compensation, the German champions would not be interested in letting go of their manager.
"It is not worth Chelsea ringing us," Zorc said. "There is no chance at all, at least until 2016.
"Even if they offered compensation the answer would still be no. Even though we are not a bank with too much money, we don't need it. That's our situation. He's priceless. We are committed to each other - we gave our word.
"He won't stop his work here just because Chelsea offer him a lot of money -- that is not the way he thinks.
"Before he was at Dortmund, he was at Mainz for seven years. It is not the most attractive club in the world but he stuck to it because he has a long-term view and likes to develop and create an era."