The former Chile and Bilbao coach has reportedly decided to stay just where he is.
West Ham United are currently looking to replace their manager Sam Allardyce, after his contract at the club was not renewed for next season.
Several names have been put forward as potential Big Sam replacements. The likes of Slaven Bilic, David Moyes and Roberto Di Matteo have all reportedly been sounded out.
Another name that is said to be in the running for the role is Marcelo Bielsa's. The current Marseille boss truly caught the eye whilst manager of the Chilean national team and has been in charge at Marseille this campaign.
But reports had claimed he fell out with the board at the club and wanted a move.
That now seems to be untrue.
It is reported today that Bielsa has in fact agreed to stay at the Stade Velodrome.
It has been reported by RMC, as relayed by beIN Sports, that Bielsa and Marseille have put their differences to one side and have put pen to paper on a deal that will last until the summer of 2017.
If it proves true then West Ham can scrub his name from the list of potential candidates.