Ruben Loftus-Cheek has signed a whopping contract extension with Chelsea, according to reports.

The 23-year-old is expected to become a key figure for the Blues once he returns from a long-term Achilles injury.

The Sun says Chelsea have increased his wages from £60k-per-week to £150-per-week.

The new deal has extended the England international's stay for another five years.

A graduate of the Chelsea academy, Loftus-Cheek came on in leaps and bounds towards the end of last season under Maurizio Sarri.

Another club announcement is expected within the next 48 hours, with Frank Lampard having reportedly agreed a three-year to become the club's next manager.