The News of the World says Anelka will join Chelsea's platinum pay bracket when he signs a new £120,000-a-week deal at Stamford Bridge.
The striker wants to stay at the club for the rest of his career and is eager to sign a contract extension by the New Year.
Anelka said: "I hope to sign a new contract soon. I am very happy at Chelsea. I have found a home.
"I feel I am playing the best football of my career and want to carry on playing my best days with Chelsea."
Anelka's current £80,000 a week deal has 18 months to run and the club's new chief executive Ron Gourlay is preparing a deal that would push the player comfortably above the £100,000 a week barrier.