The Sun says the Special One is already making plans ahead of his July return to West London - and keeping Terry and Lampard is high on his "to-do" list.
The Blues heroes have both been sidelined regularly since interim boss Rafa Benitez took charge in November.
Lamps, 34, is out of contract in the summer and has not been offered a new deal.
Terry, 32 - the most successful captain in the club's history - has just a year to run on his current contract.
But the outgoing Real Madrid boss believes the pair still have much to offer and should stay at Stamford Bridge.