Odds slashed; Chelsea made new favourites to sign former star in what would be a shock move

England's Frank Lampard in action

Chelsea made favourites to sign former star by BETVICTOR.

Popular bookmakers BETVICTOR have installed Chelsea as the new 2/1 favourites to sign former star Frank Lampard, who is now available on a free transfer following the expiration of his contract with New York City.

Lampard, 38, spent a glorious 13 years at Chelsea from 2001-2014, and won three Premier League titles, four FA Cups, two League Cups and the Champions League during his time at Stamford Bridge.

Lampard signs off at ChelseaLampard signs off at Chelsea

His individual records were unparalleled as far as midfielders are concerned, with an incredible tally of 147 league goals in 429 appearances for the Blues.

BETVICTOR also list Brighton & Hove Albion at 2/1 in the race to sign Lampard, ahead of Glasgow Rangers at 8/1.

Chelsea's Frank Lampard in action against Liverpool's Steven GerrardFrank Lampard in action during his time with Chelsea

Whether the Chelsea legend would still have the legs required to compete in a competition as intense as the Premier League is debatable, but one thing that he would definitely bring to the Chelsea setup, should a move come to fruition, is a certain kind of winning mentality, and that could prove to be vital come the business end of the season.

And with the January transfer window just around the corner, Lampard's future will certainly be one to keep an eye on.

Register for CHELSEA team updates

Register for HITC Sport - Daily Dispatch