This was disclosed by respected transfer expert and sport journalist, Nicolo Schira, who works for Gazzetta dello Sport.
Schira, who made this known on Tuesday through his official Twitter page, wrote: “All confirmed! #DerbyCounty have granted permission for #Chelsea to speak to Frank #Lampard.
“He will be the new manager of #Blues and he will sign a contract until 2022. #transfers #CFC.”
DAILY POST had reported that Lampard could seal a sensational return to Chelsea as manager within the next two days.
The ex-midfielder maestro has been the overwhelming favourite to replace Maurizio Sarri, who has since been confirmed as the new Juventus boss.
The Chelsea legend has only been Derby manager for a season and narrowly missed out of securing promotion to the Premier League in his first campaign.
He led Derby to the Championship play-off final at Wembley, only for his side to be defeated by Aston Villa.