will seek formal talks with Derby manager Frank Lampard as they try to bring a swift conclusion to their search for Maurizio Sarri's successor.
The formalities over a compensation package that will conclude Sarri's protracted switch to Juventus
should be finalised today, leaving the Stamford Bridge club free to appoint a new manager.
The notion of bringing club legend Lampard back to the club has gained significant support from within Chelsea the hierarchy, knowing the return of their all-time leading goalscorer will galvanise a fanbase that has grown fractious during Sarri's reign.
LAMPARD AT CHELSEA
Trophies: 3x Premier League, 1x Champions League, 1x Europa League, 4x FA Cup, 2x League Cup
The fact he has a proven track track record with working with talented young players, as he demonstrated at Derby last season, is also an attractive commodity for Chelsea given the west London club are facing a transfer ban.
Indeed, Lampard is understood to have major support from within the club's academy, who believe the former England international will give their best prospects an opportunity to shine if he is at the helm next season.
And the Blues are set to make a formal approach to Derby to open discussions with Lampard about making an emotional return to the Stamford Bridge ahead of next season.
Lampard, given his ties to Chelsea, would find it virtually impossible to decline a move back to his spiritual home.
The expected return to Chelsea of Petr Cech in an administrative role would also smooth the route back to west London for Lampard.
The former team-mates have a close relationship from their trophy-laden playing days at the Bridge.
Ajax manager Erik den Tag has his admirers in the Blues boardroom - but sources in Holland think he'll spend another year at the Johan Cruyff Stadium, while Max Allegri has ruled himself out of the running.
Wolves manager Nuno Espirito Santo and Watford boss Javi Gracia have also been linked - but both would likely prove extremely difficult to get out of their respective clubs.