Terry turned down a move to Spartak Moscow last month, despite reportedly having a medical, saying it was not the right option for his family.
The MailOnline report exclusively today that the former Arsenal striker Thierry Henry, who is now an assistant coach to Roberto Martinez with the Belgium national team, is to take up the role of manager for the first time.
'I have many people to thank.
'I thank my parents, Sue and Ted, for the sacrifices they made for me as a boy, giving me the best opportunity to fulfil my dream and become a professional footballer. Words will never be enough to show how much everyone at the club means to me, particularly the fans.
European Union condemns Russian Federation for cyber attacks by its military
Dutch-led investigators concluded that the plane was downed by a missile belonging to a Russian military unit. The men were then taken to Amsterdam's Schiphol airport where they were immediately put on a flight to Moscow.
However, TalkSport quoting the Mail claims the 41-year-old might succeed Steve Bruce at the Villa Park while Chelsea legend John Terry is poised to be his assistant. I hope I have done you all proud wearing the shirt and the armband.
In a 20-year playing career Terry lifted the Premier League on five occasions as Chelsea captain and won the Champions League in 2012.
"I want to thank my wonderful team-mates, coaches, managers and backroom staff, who I was honoured to work with and learn from".
After a brief spell on loan at Nottingham Forest he established himself as a regular starter at Stamford Bridge and was named club captain by Jose Mourinho after Marcel Desailly's retirement in the summer of 2004. It was a privilege to represent such a renowned football club with great fans.
"I look forward to the next chapter in my life and the challenges ahead".