The 35-year-old penned a heart-felt open letter to Chelsea fans yesterday confirming that he won't be signing a new contract in west London when his current deal expires this summer.
He's been heavily linked with a switch to Major League Soccer recently, with reports suggesting that new franchise New York City could be about to secure his services.
However the Sun claim that isn't his only option, with the midfielder considering offers from all over the world. The newspaper say 16 clubs want to sign him, with Fiorentina, clubs in Qatar, and LA Galaxy all in the running.
He is expected to make his mind up after featuring for England at the World Cup this month.
Lampard became Chelsea's all-time leading goalscorer last season, ending with 211 goals to his name, and racked up 648 appearances for the club over 13 years.
During his time at Stamford Bridge he won the Premier League title three times, the FA Cup four times and led Chelsea to Champions League glory in 2012 in John Terry's absence.
In his letter to Chelsea fans he wrote: "When I arrived at this fantastic club 13 years ago I would never have believed that I would be fortunate enough to play so many games and enjoy sharing in so much success.
"This club has become part of my life and I have so many people to thank for the opportunity. Firstly, Ken Bates, who put his neck on the line to sign me as a young player and without him I would not have even begun this experience.
"When I arrived at this fantastic club 13 years ago I would never have believed that I would be fortunate enough to play so many games and enjoy sharing in so much success.
"Roman Abramovich, the man who saved our Club and took us all to new levels. His desire to push the Club to the top of the football world has rubbed off on everyone.
"All the managers and coaches who have helped me develop my game during the time I have been here. I have learnt from every one of them.
"All the brilliant team mates who I have been lucky enough to train and play alongside for so long. Not just their football qualities but also the friendships I have gained along the way.
He continued: "I'd also like to give a special mention to all the staff and people behind the scenes at the club who do not receive the glory but without them the Club would simply not function.
"The club will move forward, and as a Chelsea man I have no doubt that with the quality of the players that are there, they will continue with the success that we have all enjoyed over the past seasons.
"Finally and most importantly, I would like to thank the Chelsea fans. I believe they are the greatest fans in world football. You have supported me from the moment I arrived. Not only on the pitch, but in difficult moments in my personal life off the pitch. I will never forget.
"I feel honoured to have shared so many special times with you. Bolton, Amsterdam, Munich, the list goes on and on. I, and we as a team, could not have achieved those moments without your support.
"Whatever the next challenge is for me I will always be amongst you and have Chelsea in my home and in my heart. Hopefully I will get to see you all soon to say goodbye properly. In the meantime thank you for the memories and keep making history!"