One of Frank Lampard's first tasks as Chelsea boss will be to convince Callum Hudson-Odoi to sign a new deal, SportsMail reports.
The teenager's contract runs out in 2020 and Bayern Munich are poised to swoop for the England winger.
Bayern's £22million bid was rejected last week, but the Bundesliga champions could wait until January, when the transfer fee would be much reduced.
Given Chelsea's transfer ban and Eden Hazard's exit, keeping Hudson-Odoi at the club is now a priority.
The Europa League winners are set to offer the 18-year old a new five-year contract.
Hudson-Odoi has spent the summer rehabilitating from a ruptured Achilles tendon.