Callum Hudson-Odoi has agreed terms on a new long-term contract with Chelsea.
The 18-year-old who was widely linked with a move to Bayern Munich over the summer has received a substantial wage increase to £120,000 a week.
He spent the summer rehabilitating after rupturing his Achilles in April but recently returned to action when he featured for Chelsea's U-23 side against Brighton.
The 18-year-old has been with the club since the age of seven and made his Premier League debut during the 2017-18 season.
His impressive form for Chelsea last season earned him a senior England debut in March.
Frustration at a lack of first-team appearances under Maurizio Sarri prompted Hudson-Odoi to seek a transfer to Bayern in January but he subsequently played more matches and was encouraged by the appointment of Frank Lampard as manager last summer.
Hudson-Odoi told Chelsea’s website: “It’s been a long wait but it’s done now and I’m really happy about that. I’ve been a Chelsea player since I was eight and this is the right club for me to be at.”