The former Villarreal and Real Madrid coach seems set to leave Malaga at the end of the season.
The Chilean has continually been linked with the club and there are strong suggestions that he is to be the new man in charge at the Etihad.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.