Chelsea target Anthony Gordon is reportedly close to signing a new contract at Everton.
Newcastle United and Tottenham Hotspur were also interested in the Liverpool-born forward but it was Chelsea's bid of £50m plus a further £10m in add-ons that tested the relegation strugglers' resolve the most.
The Telegraph reports that the Merseyside club are in the process of finalising terms with the 21-year-old and are set to make an announcement shortly.
The report also claims that Frank Lampard hopes that the new deal will help the young attacker rediscover the form which brought interest from some of the Premier League's top clubs.
In sorting the player's off-field situation, the expectation is that it will allow the academy graduate to focus on matters on the pitch rather than stressing about his contract and any potential transfer interest.
The winger has three goals in 14 league matches so far this season.
