Chelsea have agreed to a compensation deal worth in excess of £5 million for manager Maurizio Sarri to join Juventus, Press Association Sport has learned.

The 60-year-old will reportedly sign a three-year contract to replace Massimiliano Allegri at the Italian giants, with an announcement expected as early as Friday.

Sarri joined Chelsea only last summer after three years at Napoli, replacing fellow Italian Antonio Conte.

He guided the Blues to third in the Premier League and won the Europa League, but still endured a tough campaign at Stamford Bridge with fans not convinced by his style of play.

Chelsea also reached the Carabao Cup final, but lost to Manchester City in a match overshadowed by goalkeeper Kepa Arrizabalaga refusing to be substituted before the penalty shootout.

It appears Sarri has now opted to return to Italy and take over at Juve, Serie A champions for the last eight seasons who parted company with Allegri this summer.

Allegri, 51, had been linked with the Chelsea job but announced on Thursday that he would be taking a year off to ‘recharge his batteries’.

Former Blues midfielder Frank Lampard, who led Derby to the Sky Bet Championship playoff final in his first season as manager, is the favourite to land the role.

Should he get the job, the 40-year-old would become Chelsea’s first permanent English manager in 23 years.