So, after the inevitable departure of Avram Grant last week with the dust yet to clear never mind settle, the Blues are on the hunt for a new man to take his place on the hottest of hot seats in domestic football.
The usual names have been thrown about willy-nilly, Rijkaard, Goran-Eriksson and Hiddink have all been mentioned but dismissed by the West London outfit but another trio are believed to be on the list of front runners namely Felipe Scolari, Roberto Mancini and former Chelsea striker Mark Hughes.
The last of that triplet may come as a surprise to many but after a great spell so far as manager of Blackburn Rovers, he's just as good a choice as anyone else but lets take a look at the threesome's background and what they could bring to SW6.
First of all there's 'Big Phil', the Brazilian has had major success recently at International level, leading his home nation to their World Cup victory of 2002 before moving across the Atlantic in 2003 to become head coach of the Portuguese national football team.
He hasn't exactly been a failure there taking them to an emotional final at the 2004 European Championships hosted by Portugal and then defeating  England to take his team into 2006's World Cup semi-finals.
In terms of domestic success however, Scolari hasn't really had the experience and this could well be his downfall if he were to take over at Chelsea, it's one thing picking from a Countries elite, working with them on a far from regular basis, it is a completely different story when working alongside players day-in day-out and dealing with personal problems, team selection and scouring the transfer market for players from all four corners of the globe.
Felipe is a man known not to suffer fools gladly, following a match with Serbia and after the final whistle had gone, Scolari reacted to a slap - to of all things his hand - by throwing a decent left hook at Serbian player Ivica Dragutinović. We may need divine intervention to stop a full scale riot if he lines up against messes  Ferguson and  Wenger next season!
Next up is the ever dapper Roberto Mancini.
Bobby has a different managerial story to Scolari by means of solely managing at domestic level and to all intent and purposes, rather successfully.
Mancini started off at Fiorentina and although his record in the league was nothing special he did claim the Coppa Italia whilst in charge, achieving the same feat at his next club, perennial underachievers Lazio.
Then came his big break with Inter Mlan. The Italian was at the helm to claim two further Coppa Italia, two Supercoppa Italiana's and three Scudetti - the Italian version of England's Premier League - crowning him as Inter's most successful coach in over thirty years.
The one problem - and one which Roman Abramovich will certainly be concerned over - is the Roberto never managed to conquer the European summit with the Nerazzurri. This surely begs the question, if Roman is as desperate for the Champions League as we are made to believe, why sign Mancini in the first place?
Perhaps one reason why the clever money would be on Mancini to take the helm at The Bridge would be the fact that he is no longer in charge at the Giuseppe Meazza. After going back on his resignation from the post following the teams defeat to Liverpool in the Champions League, Mancini has been given the boot from Inter and has already hinted at an interest to sign for Chelsea.
Last but not least is 'Sparky' Mark Hughes and after three trophy-crammed seasons in South West London, he is arguably the fans favourite for the job.
After taking charge of a poor Wales side, Hughes managed to turn the fortunes of his home nation around and after five years in charge Wales had quickly become a respected footballing side. Hughes' men came within play-off victory of reaching the Euro 2004 finals after beating mighty Italy in the group stages, eventually losing out to Russia in said play-offs.