Chelsea are prepared to make Antonio Conte the highest paid manager in club history and offer a £200 million bankroll for this summer to ward off interest from Inter Milan.
Conte initially signed a three-year, £6.5 million deal with Chelsea last summer. Conte is expected to open extension talks after next week's FA Cup.
Conte's family has been planning on joining him in London this summer.
Conte is currently paid less than Pep Guardiola, Jose Mourinho, Arsene Wenger and Jurgen Klopp.
Roman Abramovich is likely to offer Conte in excess of the £7.5m-a-year agreed with Mourinho in August 2015 after he won the Premier League title.