Chelsea chief executive Ron Gourlay expects to appoint the club's new manager within a fortnight, with Guus Hiddink favourite for the job.
Turkey boss Hiddink is widely expected to return to the role he occupied at Stamford Bridge on a short-term basis in 2009 and talks are understood to be ongoing.
It has been reported that Chelsea still need to agree compensation with the Turkish Football Association, but Gourlay insist the search for a manager is going "very, very well".
Gourlay, who was in Bangkok on Thursday to promote the club's pre-season Asian tour would not comment directly about Hiddink.
However, he said: "The process of getting a new coach is going very, very well.
"I'd expect a new coach to hopefully be in place within the next week, maybe two weeks, but maybe even earlier."
Gourlay has also defended the Chelsea's rapid turnover of managers in recent years, with Carlo Ancelotti the fourth man in as many years to leave.
"Continuity is very important but so is performance and results," said Gourlay.
"Our model may not be the model others agree with but at the end of the day, we've taken the decisions we felt we needed to take to develop Chelsea football club... and we've won 10 major trophies in the last six years."