Frank Lampard to stay at Manchester City until May on £190,000-a-week

Lampard's impressive form for City has forced a surprise change in tact (©GettyImages)

Manchester City and Frank Lampard have both put pen to paper on an extension to his current loan deal, one that will see the Chelsea legend stay at the Etihad until the end of the season and pick up a quite astonishing £190,000-a-week pay packet in the process.

Lampard's current loan deal with City expires on January 7th, with the original plan to begin his Major League Soccer career with New York City after that date.

City manager Manuel Pellegrini has decided he needs Lampard for the rest of the season though, with the veteran agreeing that he's still got plenty to offer the defending Premier League champions and delaying his move to the Big Apple as a result.

Toure's absence causes shift in plans

The Express reports that Pellegrini's made a u-turn on Lampard because of Yaya Toure's impending commitment to the Africa Cup of Nations, which despite being without a host nation at this moment in time is still expected to go ahead at the start of 2015.

Lampard has already proved valuable cover in midfield so far this season and has chipped in with four goals in seven appearances since making a controversial loan move to City, one of which came against former club Chelsea.

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35% wage rise will now be paid by City

Chelsea fans will find the prospect of Lampard sticking around to have a say in the title race at the business end of the campaign tough to take, even more so when the details of his blockbuster contract are revealed.

Lampard's final contract with Chelsea saw him pick up a £151,000-a-week salary last season, but Blues boss Jose Mourinho decided he wasn't worth that pay packet and snubbed the chance to offer fresh terms in the summer.

New York City FC pounced and offered Lampard a 35% wage rise to finish a fantastic career in MLS, a new franchise which is owned by City chief Shiekh Mansour.

While Lampard waited for his MLS bow a short-term switch to City suited both parties, but the England centurion's performances have surpassed expectations and as a result Mansour has agreed to pay Lampard the full £190,000-a-week to stay at Eastlands for the final five months of the season.

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