The 37-year-old, whose contract at Aston Villa runs out in the summer, has never masked his interest in the Chelsea job.
Now, with Antonio Conte on the ropes at Stamford Bridge, there's a lot of speculation about who would take over from the Italian.
It is, however, unlikely that Terry will take on the role at this moment in time, because, with Villa currently in a promotion spot in the Championship, it is probable Steve Bruce will offer the skipper a new contract come the end of the season.
However, whilst enjoying his twilight years as a footballer, the former England international has been slowly working through his coaching badges as he looks to move into a more senior role when he eventually retires.
Terry was at the core of the Chelsea XI for many years, playing over 500 games for the club. A future return to Stamford Bridge seems inevitable for the veteran defender, only time will tell whether that is in a managerial role or a coaching one.