Deschamps has impressed in his second season at Monaco

Deschamps has become one of the hottest properties in Europe after guiding his team to the Champions League final.

It has led to speculation that the ex-France captain will return to Italy or England but he told French TV channel TF1: "I have no deal with anyone.

"Until Wednesday I am concentrating on the Champions League final and I still have a year left on my contract."

He added: "There will be many elements to take on board. I am the coach of Monaco and I have no other position at the moment."

Club president Pierre Svara is confident Deschamps will agree a new deal to stay in the Principality after the game with Porto in Gelsenkirchen.

"We are in advanced negotiations after three or four weeks of talks," Svara said.

"I am 99% certain he will stay at the club even if there remains a one per cent chance he will go."

Deschamps' Porto counterpart Jose Mourinho has also been strongly linked with the job at Stamford Bridge, with Claudio Ranieri expected to be axed by the Blues.