It was revealed in March how the 35-year-old, who has 12 months left on his contract, had begun talks to extend that until 2011.
Off to Paris? France's Claude Makelele, pictured battling with Holland's Dirk Kuyt, is set to leave Chelsea
The France midfielder was also believed to have been promised a coaching role as part of any deal.
Since those talks, though, the club have sacked manager Avram Grant and appointed Luiz Felipe Scolari.
The change may have affected Makelele’s thinking as reports in France claim he has now agreed to join Paris Saint Germain.
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London gets ready for the Diamond Jubilee - in pictures
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Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
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Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
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News pictures of the day
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Locked up and banned: The Tube drunk whose vile racist rant was caught on film (video)
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London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
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The O2
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