Paraguay are struggling in World Cup qualifying and are bottom of the league with eight points from 12 games.
“To speak of the career of Victor Genes is to talk about a coach who has achieved everything … He is taking on the challenge for that reason and knows he is putting his career on the line because it comes at a very difficult time,” Paraguayan Football Association (APF) vice-president Alejandro Dominguez told reporters.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.