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By ROB BEASLEY

ASHLEY COLE is to sign a new mega deal with Chelsea worth a whopping £10million.

The staggering one-year extension makes England star Cole the world’s highest-paid left-back.

A Chelsea insider said: “Ash is getting around £200,000 a week but he is worth every penny. Everyone is pleased it has been sorted at last.”

But 32-year-old Cole’s bid to bag a longer deal beyond 2014 has ended in failure.

Blues owner Roman Abramovich is adamant all players over 30 will be offered only one-year extensions.

But Cole’s love for the club and the big pay rise from his current £150,000-a-week deal has convinced him to ignore interest from Manchester United, Real Madrid and Paris St Germain to stay at SW6.

The Chelsea insider added: “The agreement is great news for Chelsea — and for Ashley.

“We keep a world-class player and he gets a good pay rise that keeps him up with the game’s top earners.”

But while Cole is staying, there is still no movement regarding midfielder Frank Lampard, 34, who is also out of contract this summer.

Lampard has been told he will not get a new Blues contract “under any circumstances”.

But the England star has been embarrassing Blues chiefs with his stunning displays since SunSport first revealed on Boxing Day the club planned to boot him out.

Lamps has since been linked with a move to LA Galaxy.

 

 

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