Report: Callum Hudson-Odoi is nearing a new deal with Chelsea

Without giving you any spoilers, Gaten Matarazzo’s character Dustin Henderson from season three of Stranger Things has an odd, yet totally fitting musical interlude where he rips out a duet of the theme song from the 1984 fantasy flick, “The Neverending Story.”

And while that song fit the plot for Stranger Things, it could also be used to describe the ongoing transfer saga of Chelsea prodigy Callum Hudson-Odoi. After months of “will he or won’t he” flirting with Bayern Munich, Hudson-Odoi might finally be committing to a future at Stamford Bridge.

Per a report from the Daily Mail, Hudson-Odoi is on the verge of signing a re-worked deal that would make him a much richer man.

Callum Hudson-Odoi is in advanced talks with Chelsea and looks ready to commit to a five-year-deal in what would be a huge boost for Frank Lampard’s new reign at the club. The 18-year-old England international was wanted by Bayern Munich, who bid £35million for him in January and £22m last month, but he looks to have been swayed by the return of Lampard to Stamford Bridge and ready to commit himself to his boyhood club.

Hudson-Odoi, who made his England debut Czech Republic last March, will be on more than £100,000 a week but the deal is likely to rise to £10m a year if he keeps making progress. It follows a protracted negotiation, with the club keen for Hudson-Odoi to sign last year, given that his deal ran out in 2020, when he could have left with Chelsea just receiving minimal compensation for training costs.

On July 13th, it was rumored that Bayern was in the process of preparing a new €50 million bid on Hudson-Odoi, but nothing has materialized publicly on that matter. The report on a £100,000 per week salary for Hudson-Odoi, however, has resurfaced as stated above. Back on July 6th it was reported that Chelsea was developing an offer to present to Hudson-Odoi that would seemingly alleviate any financial concerns he might have with Chelsea.

The latest news seems to point to a future with Chelsea for the 18-year-old star-in-the-making, but stranger things have happened. It might be wise to wait until the ink is dry on that new deal before any Bayern Munich fans go into full panic mode.