But Atletico supremo Cerezo is determined to see the club competing in the UEFA Champions League and reports have linked with Mourinho with a role at Vicente Calderon.
The Portuguese is tipped to take on a post in Spain or Italy once he returns to coaching, and Cerezo acknowledged he would be keen to appoint the ex-Blues boss.
"Jose Mourinho is a great coach and Atletico is interested in big coaches," Cerezo told A Bola.