The 47-year-old guided the Sky Blues to the Championship title and secured promotion to the Premier League, significantly boosting his reputation and attracting interest from rival clubs, including Fulham.
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Although his current deal expires at the end of next season, negotiations over an extension are progressing well, with optimism that an agreement can be reached before the new campaign begins.
Lampard, who replaced Mark Robins in November 2024 when Coventry were battling near the relegation zone, transformed the team’s fortunes.
After leading them to the play-offs in his first season, he returned to deliver the club’s first top-flight promotion in 25 years, setting a new record with 28 league victories in a single campaign.