Now English Publication, The Sun claim that Terry also has an offer from London to become a first-team coach with the Blues.
However, the former Napoli manager Sarri is not entertaining the thought of Terry's return in a playing capacity.
"I would like to take the opportunity to thank Spartak and wish them and their supporters well for the rest of the season". I am very open with him because he is the history of the club.
"But after assessing this move with my family, we've decided this is not the right move for ourselves at this time".
The Blues have looked revitalised since Sarri replaced Antonio Conte at Stamford Bridge and are yet to drop a point in the Premier League. So I know that the matches after the break are very, very hard. "If he wants to help us, I'm very, very happy".
Chelsea are favourites to maintain their flawless start to the league season at Stamford Bridge against Neil Warnock's men, who are winless in their opening four games.
"For sure, he will be a point of reference for me, for everybody here [if he returns]".
"The last time I have spoken with him, he told me that he wants to play for another season", Sarri said.
"I will tell you the final decision after I will be able to talk with the players and the club".
Asked about the possibility of Terry joining Chelsea as a player, Sarri said: 'It would be on the coaching staff, I think, because, as I've said before, we want to give space to the young players.
Midfielder Ampadu, who celebrated his 18th birthday o Friday, shone for Wales against the Republic of Ireland and Denmark during the worldwide break.