Carlo Ancelotti has declared that John Terry will be Chelsea captain forever in his first press conference as Blues manager.
This was amid speculation over a move to Manchester City.
The Italian, holding his first press conference, also confirmed that Chelsea had signed Yuri Zhirkov from CSKA Moscow.
Ancelotti said: "John Terry is a symbol of this team.
"He will be captain next season. He said he wants to stay forever and we want to keep him for ever.
"Now there is a question of Manchester City, but for Terry (there is) no price.
"Terry will be at Chelsea forever.
"He said he wants to stay, there is no problem for him for us, the story continues - Chelsea and Terry.
"I like to have a captain like Terry, he is very close to (Paulo) Maldini for professionalism, for quality and he will be the best captain for Chelsea.
"I spoke with Terry a month ago when I came to the club and he said welcome. And after he went on holiday.
"I will speak with him because he is the captain and I want a good relationship with the captain."
When asked if the club would offer Terry a new, improved contract, he added: "It's not my problem."
Ancelotti also confirmed the arrivals of Daniel Sturridge, from Manchester City, and Zhirkov.
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