Chelsea's record-goalscorer Frank Lampard has ended speculation regarding his future by signing a one-year contract extension at Stamford Bridge.

The England midfielder was expected to leave The Blues this summer after failing to agree an extension to his current deal.

But after surpassing Bobby Tambling as Chelsea's record goalscorer after a double against Aston Villa and claiming his 11th major honour with the club in the form of the Europa League following victory over Benfica, Lampard will remain with the club until 2014.

Frank Lampard
Lampard sign a new one-year deal with Chelsea.

"I'm absolutely delighted," Lampard said. "Everybody knows I always maintained the dream was to stay at Chelsea. We've been talking for ages and even though it went on for quite a period it was always amicable.

"I want to thank Mr Abramovich for everything he's done in making the dream a reality. I love this club, the staff, the players and especially the supporters, who have treated me fantastically since the day I arrived.

"The thought of helping the club to more success in the forthcoming years is all I ever wanted. I couldn't be happier."

Lampard joined Chelsea from West Ham United in 2001 and has since gone on to become one of the club's greatest ever players, winning every major club honour available while becoming just the third player to play 600 games.

After a summer in which Chelsea offloaded Didier Drogba and Salomon Kalou after refusing to offer the pair sufficient new deals, the new contract for Lampard represents a signficant climb-down from the west-Londoners.

"Frank has been an important player for Chelsea Football Club for a long time and has played a significant part in the club's success," chairman Bruce Buck said.

"We have been talking to him since the end of last year and our discussions have been entirely positive throughout. We are delighted we are now announcing an extension to his contract which will keep him at the club until 2014."