Derby County coach Frank Lampard has agreed a new 4-year contract worth Chelsea and he is ready to take the hot seat at Stamford.

Chelsea have reportedly paid Derby County £5 million as compensation fee to facilitate the signing of the former England international.

The terms of the deal has not been concluded but is expected to be announced soon.Lampard enjoyed an excellent debut season as a manager leading Championship side Derby to within 90 minutes of promotion.

It has been confirmed that Loftus-Cheek has agreed on a new contract with Manchester United.

Reports from England suggests that Loftus-Cheek is set to earn £150,000 weekly which is almost three times his current wages.

The midfielder is currently on the treatment table after suffering a freak accident to his Achilles last season. ,

Lampard would be tasked with assembling a team that can compete without a transfer window after FIFA ban.

Loftus-Cheek emerged last campaign as a quality solid footballer. He finished with 10 goals in all competitions despite not starting the majority.

The English midfielder style is reminiscent of legendary German star Michael Ballackand there are big expectations for the player.

Lampard is thought to be planning a key role for Loftus-cheek ahead of next season. The departure of Maurizio Sarri has opened the doors for players that were on the fringe of exiting this summer.

Real Madrid midfielder Mateo Kovacic would be expected to fill in for the England international after completing a move to the club this season. The Croatia international spent last season on loan at the club but has finally completed his long awaited transfer.’

It is understood that the Premier League outfit paid £54 million  for the midfielder.

The Blues would be hopeful that the arrival of Frank Lampardwould brings about a new wave of success to the club.

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