Frank Lampard is reportedly still being paid his £75k-a-week salary from Chelsea, but he will need to give that up if he wants to return to management any time soon. The Blues did not pay Lampard the remainder of his contract and the 42-year-old is still owed £1.8million in wages due from Chelsea.
In order to avoid a Jose Mourinho-type situation, where they had to make a huge payout, Chelsea have decided to keep paying Lampard his £75,000-a-week salary until July, unless he takes a job elsewhere. That’s according to the Sun (h/t Celtic Quick News), who add that the former Blues captain is happy to take a break from football following his sacking.
— The Sun Football ⚽ (@TheSunFootball) February 13, 2021
However, Lampard has been linked to Celtic, as pressure mounts on Neil Lennon, following a disappointing season at the helm. But it is entirely possible that the Englishman will sit tight until the summer and see what transpires during the transfer window.
Lampard previously managed Derby, where he spent one highly-pressured season before moving to the hostseat at Stamford Bridge. He guided the Blues to the Champions League spots in his first season, and was immediately thrown into managing a topsy-turvy season because of the coronavirus pandemic.
The report also claims that that is also a major reason why he did not put his name in the ring for the vacant job at Bournemouth. So, unless an extremely appealing offer comes his way, Lampard is likely to continue taking a break, at least until July.