UK NEWS:(⚽)Frank Lampard Appointed As New Chelsea Manager: The Legend Return to Stanford Bridge 🏐

FRANK LAMPARD has finally sealed his return as Chelsea manager – five years after leaving the club as a player.

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Frank Lampard's return to Chelsea as manager has been confirmed by the club (Image: GETTY)

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.

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.

Frank Lampard has left Derby County for Chelsea after one season in charge (Image: GETTY)

Frank Lampard is set to bring Jody Morris and Chris Jones to Chelsea from Derby (Image: GETTY)

Chelsea fans have been desperate for Frank Lampard to return since Maurizio Sarri left the club (Image: GETTY)

Frank Lampard is Chelsea's record goalscorer having scored 211 times for the Blues (Image: GETTY)

In his first and only season as a manager so far, Lampard led Derby to the Championship play offs after finishing sixth last season, but they lost in the final to Aston Villa.

But former Chelsea midfielder Emanuel Petit last night sounded a warning, saying: “Somewhere in my mind I have a feeling the Chelsea job could have come too soon for him. We saw what he brought to Derby, leading them to the playoffs but they ended up failing to earn promotion.

“He’ll face increased expectation at Chelsea, and he knows this, having played for the club for so long.”

Derby are expected to turn to former PSV Eindhoven coach Phillip Cocu, who is set to sign a four year deal, as Lampard’s replacement.

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