Eden Hazard
Eden Hazard close to agreeing new five-year contractReuters

Chelsea star Eden Hazard is reportedly close to agreeing lucrative contract extension with the Blues.

According to the Daily Mail, the Belgian international is set to become Chelsea's highest paid player when he puts pen-to-paper on a new five-year contract worth around £200,000-a-week.

It is believed that discussions with the former Lille player's lawyer are at an advanced stage and the Blues are looking to conclude the deal with the player in the coming weeks.

Hazard has been Chelsea's star player following his move from Ligue 1 and was also named the club's Player of the Year last season. He has formed a good understanding with new signings Cesc Fabregas and Diego Costa and has played a key role in Chelsea's blistering start to the new campaign.

The Stamford Bridge club are undefeated in their first four matches and are everyone's favourite to win the title this season.

The 23-year-old midfielder had come under some criticism from Mourinho following the player's critical assessment of the manager's tactics post last season's Champions League defeat to Atletico Madrid.

However, it seems that the player and the manager have buried the hatchet with Hazard now considered one of the key players for the future and the Chelsea hierarchy are keen to tie up their young stars to new long-term contracts to ward off interested clubs.

The Blues recently confirmed that young goalkeeper Thibaut Courtois, who has replaced Petr Cech as their number one, signed a new five-year contract and reports are suggesting that Gary Cahill is also close to agreeing a new three-year deal.

Hazard, who was also named PFA young player of the year, is set to earn around £50m over five years once he signs the new contract. This news will come as a blow for Ligue 1 club Paris Saint-Germain, who were planning a big money move to lure the Belgian to France.