The Dutchman has been appointed to replace Jose Mourinho, and the Blues have provided their reasoning for recruiting the former Russia manager for the second time.
Chelsea has appointed Guus Hiddink to replace Jose Mourinho on a short-term basis, issuing a statement confirming the news Saturday.
The Dutchman, who previously took control of the Blues in 2009 on an interim basis, will be in the stands when the club takes on Sunderland on Saturday, and his first game in charge will come against Watford on Boxing Day.
Here is Chelsea's statement in full:
"Chelsea Football Club can confirm Guus Hiddink has been appointed first-team manager until the end of the season.