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Claudio Ranieri’s future at Chelsea hangs in the balance and the Italian’s position will ultimately be determined by the club’s performance in the Champions League.

Ranieri spent Wednesday in talks with Chelsea chief executive Peter Kenyon but the negotiations ended without a resolution.

The coach’s agent Phil Smith revealed that further talks would take place after Chelsea’s Champions League semi-final against Monaco.

“It won’t be resolved overnight,” said Smith.

“It may well depend on how that goes as to what happens then.”

Ranieri’s future has been the subject of intense speculaton since Russian billionaire Roman Abramovich took control of the club in the summer.

“Had they been sixth or seventh in the League and out of Europe it might have been different,” Smith told The Independent newspaper.

“We have been trying to push it so that it (the decision on his future) does not go beyond (the summer).”

“Both parties want to make sure nothing gets in the way of having the best possible preparations for arguably the biggest game in the club’s history,” Smith added.

“They want to make sure nothing goes amiss and concentrate on the semi-final and achieving their target of finishing at least second in the league.”

Chelsea are seven points behind Premiership leaders Arsenal, and travel to Monaco for the Champions League semi-final first leg on Tuesday.

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