Chelsea will, reportedly, make a formal offer to land current Turkey boss Guus Hiddink as their manager sometime during the week.

Hiddink has twelve months remaining in his contract with Turkey, but is believed to be keen to move to Chelsea though he prefers the role of director of football than as manager. However, Turkey are looking at a compensation around the region of £4m - a figure which Chelsea are reluctant to pay.

The offer will lead to a period of intense and uncomfortable negotiations between Chelsea and the Turkish Football Federation (TFF).

Chelsea are keen to land Hiddink as their manager, while the Dutchman is believed to prefer the director of football role. However, the issue is flexible and Hiddink could take over the club for a short-term before assuming the Dof role while aiding the new manager.

Reportedly, Hiddink is keen to end his stint with Turkey as he is unhappy that, Mahmut Ozgener, the TFF chief who appointed him, looks likely to be replaced in the upcoming presidential elections on 28 June.

According to a report in BBC Sport, their source claimed that If Ozgener was staying, Guus would probably stay, too. Ozgener has gone on holiday and hasn't decided if he will stand for re-election. Even if does, he's likely to lose.

Hiddink says he has a contract but these promises don't have value. Chelsea is too good an offer to turn down and the TFF understands this. Hiddink feels he still has a job to do there (Chelsea). He wants to work every day and win championships, maybe the Champions League.

We will understand that he has coached his last Turkey game as long as Chelsea pay the compensation.

Chelsea could be aided by Hiddink's appointment as he had success during a temporary charge of the club in 2009, when he won the FA Cup while seeing his side eliminated from the Champions League semifinal at the hands of Barcelona after a last-minute Iniesta goal and some widely criticized refereeing.

Having a close relationship with trigger-happy owner Roman Abramovich could also help the Dutchman.

However, if Chelsea fail in their negotiations with Turkey, they will turn their attention to the former Chelsea player Mark Hughes, who is a free agent after relieving his duties at Fulham. Hughes was a popular player at the club and this may mean that the supporters could afford him time to settle.

However, Hughes's agent Kia Joorabchian revealed that there has been no contact yet.

There's a vacancy there but I'm sure they have their own planning, said Joorabchian. We have not spoken to them. They have not spoken to us. It's a club Mark has played for so he knows it well, but it would be disrespectful of us to say: 'Yes, we'd like to go there,' or here, or whatever. It's a case of Mark sitting on the sidelines and seeing what opportunities there will be throughout Europe.