I like English football," said Ranieri. "I said that I like Spanish football, I like Italian football.
"Now I would like to take a break.
"There is an opportunity with Valencia but I want to wait and look at what happens with Chelsea (regarding his contract).
"My men are speaking with Chelsea and I am waiting to see what happens.
"I'm very pleased with Tottenham. I had a meeting yesterday with them and they have a very good project.
"But Valencia is my former team and, if it's possible, I will come back to Spain."
Ranners has agreed terms with Valencia, yesterday if reports are to be believed, and will be announced as the new coach this weekend.
All at Chelsea-Mad wish the Tinkerman all future success!