Roman Abramovich is set to reward Jose Mourinho for Chelsea's title triumph by handing him a two-year extension on his contract as well as a pay rise, reports The Evening Standard.
The Blues sealed their fourth Premier League title–their third under Mourinho's management–against Crystal Palace on Sunday with three games to spare.
It was the second major trophy Chelsea have picked up this season after winning the Capital One Cup earlier in the campaign.
Abramovich is so happy with Mourinho's rebuilding on the Chelsea team that he is ready to extend his contract, which currently expires in 2017, until 2019. The new contract will also see his £8.5million-a-year wage increase.
The report, written by the Standard's chief football correspondent James Olley, suggested that the new wage could make him the best paid football manager in the world.
Negotiations are at an advanced stage, but nothing has been agreed. Mourinho is happy in west London and all the signs seem to suggest that he is ready to commit to a long-term plan with Chelsea.
The long-term plan
It is understood that there will not be an announcement made on Mourinho's new deal until the current season has concluded even though Chelsea have only respect to play for.
While they have run away with the Premier League, Chelsea failed to build a significant challenge for either the FA Cup or the Champions League. However, Abramovich appears delighted with the way Mourinho is running the club.
The Special One has reformed the team since returning for a second spell in charge in 2013. The purchases of Cesc Fabregas, Diego Costa and Nemanja Matic have helped to strengthen the team while the sales of David Luiz and Juan Mata have been hailed as excellent pieces of business.
That has helped Chelsea to fall in line with Uefa's financial fair play regulations, leaving the club in a very strong financial position going into the imminent summer transfer window.
The ultimate achievement
It seems that a new period of domestic dominance is on the horizon. Chelsea have money to spend and a strong squad complemented with both experience and youth.
The pressure will now be on for Mourinho to translate that domestic dominance onto the European stage. Beating the likes of Arsenal and Manchester United are child's play compared to the challenge that lies ahead.
Beating Bayern Munich, Real Madrid and Barcelona to the Champions League will be the ultimate aim for Mourinho.
Does Jose Mourinho have what it takes to win a third Champions League title?
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