Derby County Football Club can confirm that Frank Lampard has parted company with the club and has been appointed as the new Head Coach of Chelsea Football Club.

An undisclosed compensation package has been agreed for Lampard to return to the club where he enjoyed unrivalled success as a player.

Assistant Manager Jody Morris and First Team Coach Chris Jones are also leaving Derby to join Lampard’s coaching staff at Stamford Bridge as part of the compensation agreement.

Derby County’s Executive Chairman, Mel Morris CBE, said: “Frank, along with Jody and Chris, leave with our best wishes and I sincerely hope they have success at Chelsea.

“I thoroughly enjoyed working with Frank and while we would have loved his time at Derby County to continue, to build on the positives we saw last season, the opportunity for him to return to Chelsea as their Head Coach was huge.

“As a club, we have enjoyed an excellent working relationship with Chelsea recently and would like that to continue moving forward.”

Lampard said: “I would like to say a special thank you to Mel Morris, the players, staff and everyone who is associated with Derby County Football Club.

“It has been a fantastic experience for me, and I feel privileged to have managed such a prestigious club.

“Most of all, I want to thank the fans who supported me and the team from the day I arrived in the City. I wish everyone the best of luck going forward.”

Lampard oversaw 57 games in all competitions during the 2018/19 season as the Rams reached the Championship Play-Off Final after finishing sixth in the table.

The club’s process for appointing a new manager is ongoing and a further update will be communicated in due course.