"Hiddink has a fantastic record with Korea, Australia and getting Russia to the finals, while he did a great job with PSV. Everything stands out," said Nevin.
"He's also a good friend of Chelsea owner Roman Abramovich, who played a large part in giving him the Russian job - all the twos and twos add up to make four on this one.
"You want someone who is a very good coach, but who is also a personality. There are very few in the world who can match up to Mourinho, but Hiddink is definitely one of them."
BBC Radio 5 Live football correspondent Jonathan Legard said: "With Chelsea looking for a stellar name with Champions League pedigree - the new Mourinho if you like - Frank Rijkaard's claims are obvious.
"He made Barcelona champions of Spain and Europe; his former assistant, Henk ten Cate is already a Chelsea coach. But Rijkaard has insisted he wants a year out of football.
"Hiddink is another European Cup winner but he has repeatedly maintained his future is as coach of Russia, where he is partly funded by Roman Abramovich. His new contract agreed in March, however, remains unsigned and that is causing tensions.
"Mancini, meanwhile, has signalled his interest but his domestic achievements with Inter have not at all been matched by success in Europe.
"And would Chelsea really want a coach about to be replaced by Mourinho, possibly in the next 48 hours?
"I'm told that Sven-Goran Eriksson is not a contender."
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