Antonio Conte will sign a new £9.5 million deal to remain at Chelsea until 2021, Goal.com has revealed.
Recent reports have claimed that the former Juventus boss wanted to leave Stamford Bridge after the club refused to sign the players he wants for next season.
But Goal claims that he is expected to sign a new contract and an official announcement will be made next week.
At the end of last season, the Italian made it clear that he wants to respect the contract he signed with the Blues.
"I have a contract with Chelsea for two more years," Conte told reporters.
"It's logical that, when you start the work in a new club, the will is to continue to work and improve your work for many years.
"For sure, this is my will. But now the most important thing is to reach our target. We worked very hard for the whole season. Now it's important to be ready and to try to win and then to celebrate together.
"It's normal to have a lot of speculation around my players and the coaches, different coaches, so it's important not to lose concentration and be focused. The moment is fantastic for us.
"For me and my players, the important thing is to be focused on the moment. It's not important the single person: me, or the future of my players."