Frank Lampard has been tabled a new £130,000-a-week contract by Chelsea.
The Mirror says the Blues made the offer in a desperate bid to keep the England midfielder. The new deal would put the 29-year-old's pay on a par with John Terry's, although the Chelsea captain has a longer contract.
Lampard, who has one year left on his current terms, is believed to have been offered a three-year deal after extensive talks in the wake of the Champions League Final.