FRANK LAMPARD has finally sealed his return as Chelsea manager – five years after leaving the club as a player.
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Lampard, 41, has put pen to paper on a three year contract after lengthy negotiations and wanting assurances he will be given time and full support to build a new team at Stamford Bridge.
Chelsea legend Lampard will get £4million-a-year plus big bonuses for trophies and getting into the top four.
But Lampard and his advisers wanted and have received guarantees on both being given time and compensation packages - which is why contract talks dragged on for days.
He will be the 14th manager since Roman Abramovich took over the club in 2003, and will be unveiled officially today at Stamford Bridge.
On joining Lampard admitted his immense pride at being given the opportunity to manage his beloved Chelsea.
He said: “I am immensely proud to be returning to Chelsea as head coach.
“Everyone knows my love for this club and the history we have shared, however, my sole focus is on the job in hand and preparing for the season ahead.
“I am here to work hard, bring further success to the club and I cannot wait to get started.”
The former Chelsea midfielder will bring his assistant manager at Derby, Jody Morris, with him as well as first team coach Chris Jones, both formerly at Stamford Bridge. In addition, ex Chelsea star Eddie Newton, who has been looking after the clubs’ loan players, will come onto the first team coaching staff.
Chelsea have agreed to pay Derby £4 million in compensation for the remaining two years of Lampard’s contract – with more on top to cover the departures of the other coaches.
The 41 year old will be unable to sign players, with Chelsea under a two window Fifa embargo from after irregularities in signing youth players. The club are appealing but have not asked for the ban to be frozen.
Former Chelsea hero Lampard scored a record 211 goals for the club in 648 games after joining from West Ham in 2001.
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