They will, according to the same reports, permit Henry to hire the former Chelsea captain John Terry as his assistant manager.
John Terry has announced his retirement from playing football in a social media post on Sunday. My brother, Paul, for his help and advice throughout my career - and all my family and friends for their great support.
Terry won 78 England caps, five Premier League titles with Chelsea, five FA Cups and three League Cups. Words will never be enough to show how much everyone at the club means to me, in particular the fans.
"As a 14-year-old, I made my best and biggest decision: to sign for Chelsea Football Club". We achieved so many great memories together and I couldn't have succeeded without you. I hope I have done you all proud wearing the shirt and the armband.
Asian shares shaken as bonds continue their march higher
Treasury bond yield has broken above a multi-year base, which should lead to significantly higher yields for financial markets. The Nikkei .n225 added 0.4 percent on bets the falling yen would boost sales and profits at Japan's many exporters.
The former Chelsea "captain, leader, legend" has confirmed he will not play for a new club after failing to find a suitable move since leaving Aston Villa in June.
'I want to thank my fantastic 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.
'I look forward to the next chapter in my life and the challenges ahead'.