Callum Hudson-Odoi set to sign new Chelsea deal which could rise to £10m-a-YEAR in transfer blow to Bayern Munich

CALLUM HUDSON-ODOI is reportedly set to sign a new Chelsea contract which could rise to a staggering £10million a YEAR.

The Mail claims Frank Lampard has convinced the 18-year-old to stay put at Stamford Bridge this summer.

Hudson-Odoi has less than a year left on his current deal.

And Bayern Munich were keen on bringing him to Germany after lining up a tempting £45million bid.

But the Bundesliga champions have now accepted that Hudson-Odoi is staying in London.

And the winger has been tipped by team-mate Cesar Azpilicueta to become a “key player” under Super Frank.

Hudson-Odoi’s profile has also been boosted by a nomination for this year’s Golden Boy award.

And he is now set to pick up a whopping £100,000-a-week in wages as a sign of faith in his potential.

However, the report adds that Hudson-Odoi’s salary could rise to a staggering £10m-a-year if he continues to “make progress".

There are no details of what that involves, but it could suggest there might be wage increases based on club and international appearances, as well as goals scored, throughout the season.

The £10m-a-year figure equates to around £200k-a-week, which means Hudson-Odoi could DOUBLE his new wages within a year.

And it also reveals that Chelsea see the ace as a key player in the future, as well as an important figure in Lampard's maiden season.