The Dane has impressed since joining Swansea at the start of this year and is linked with taking over from Jose Mourinho.
“I have a contract for two years”, he told Cadena Cope.
“I don’t think about the future, I didn’t as a player and I don’t as a coach. I am happy with what my players are doing, but I live in the present.”
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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.