Chelsea icon Frank Lampard is ready to join teammate and fellow club stalwart John Terry in pledging his immediate future to the Blues.
This is according to The Daily Express, who report that Lampard - whose current deal at Stamford Bridge is set to expire this summer - is ready to commit to a new-one year contract at the club following his return from international duty with England.
The same source further reports that both parties are close to an agreement, which could see Lampard having to take a slight reduction to his current £150,000-per-week wages.
Such news is surely likely to delight Chelsea fans, with midfielder Lampard having established himself as arguably one of the most-celebrated players in the club's long history since moving from London rivals West Ham over a decade ago.
As is always inevitable with players once they reach a certain age, however, Lampard is obviously not quite as influential in orchestrating play now as he once was.
With Jose Mourinho looking to bring further success to the club, though, his experience obviously remains absolutely vital moving forward.
Indeed, such knowledge is also crucial for his country, with England boss Roy Hodgson having frequently spoken of the benefits of Lampard's presence ahead of the Three Lions's 2014 World Cup campaign in Brazil.
Hodgson confirmed Lampard as England's vice-captain earlier this week, a role he also carries out behind Terry - who signed a new Chelsea deal of his own recently - at domestic level.
So while it looks like Chelsea will still be able to rely upon both Terry and Lampard next season, the future still looks incredibly uncertain for long-time teammate Ashley Cole.
While it does not appear to have been totally confirmed that he will leave the club following the expiration of his contract, it looks likely that he will move on judging by his recent tweets and the constant media speculation concerning his potential suitors.