Frank Lampard would welcome the chance to speak to Chelsea about the vacant head coach’s position at Stamford Bridge should the Europa League winners make a formal approach to Derby County for his services.

Lampard, Chelsea’s record goalscorer over a glittering 13-year stint as a player at in south-west London, has emerged as their preferred candidate to succeed Maurizio Sarri after the latter’s return to Italy with Juventus.

The Premier League side would have to pay up the remaining two years of a £2m-a-season contract at Pride Park to secure Lampard, a compensation amount that would be far from prohibitive given they are due to receive in excess of £5m from Juve for Sarri.

Chelsea confirm Maurizio Sarri’s exit and will ask for Frank Lampard talks Read more

While there is an acceptance on all sides that the task at Chelsea, who are appealing against a two-window transfer ban, would be challenging for a coach whose managerial career is still at a fledgling stage, the hope is Lampard’s appointment would have a restorative effect at a club that endured difficult moments through Sarri’s brief tenure. The former England midfielder is understood to be keen on the job and the Premier League side are expected to make a formal approach this week.

Derby, who have enjoyed a healthy relationship with Chelsea in recent times, remain publicly bullish over their chances of retaining their manager for the foreseeable future after Lampard led them to the Championship play-off final last season.

“There is no change except that Chelsea no longer have a manager,” the chairman, Mel Morris, told TalkSport. “Of course, we have made it very clear to everyone, but most importantly to Frank, that we want to retain Frank for the long-term.

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“If Chelsea want to hire Frank, then it is in their gift to make an offer in pursuit of that. In the meantime we will continue to put our best foot forward to continue with our plans for the coming season and work with Frank for him to know how much he is wanted by everyone associated with the club.”