Chelsea are getting closer to announce the arrival of Frank Lampard from Derby County as their new manager. It is understood that the Championship club would be paid £5 million as compensation fee for the services of the Englishman.

Lampard would be expected to take the reins at the club where he was successful as a player in the early part of the decade. He is also the leading goalscorer in the club’s history and would be tasked with leading the club for a title push next season.
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