Chelsea chief executive Peter Kenyon insists Frank Lampard will see out the final year of his contract if a
new deal cannot be agreed.
Lampard, 30, wants a longer deal than Chelsea’s current offer of four years.
Chelsea have again insisted he is not for sale after rejecting a £7.95m bid from Jose Mourinho’s Inter Milan.
Kenyon said: “We’d like to hope we can reach an agreement but if we can’t we have always worked on the basis that he sees out the terms of his contract.”
He explained: “The situation is ongoing. We have always maintained that we want Frank to stay and an offer was made to that effect.
“That offer is still on the table. Frank is under contract and he still has one year to run on that.”
New Chelsea coach Luiz Felipe Scolari insisted Lampard was happy to stay at Chelsea, but his agent, Steve Kutner, said the player’s future was “completely unresolved”.
Scolari revealed on Tuesday that Lampard had told him he wanted to stay “for more than one year”.