The retired midfielder has not landed a job since he parted ways with Everton in January.
Former Tottenham Hotspur midfielder Jamie Redknapp has explained why Frank Lampard’s return to Chelsea will be a decent move.
Lampard has been tipped to take over at Stamford – on an interim basis until the end of the season – and Redknapp feels that will be the right move for the club.
"Knowing Frank as I do, he's an out-and-out winner. Nobody has more drive, more desire. Nobody's done more to reach the top and have a better work ethic as a player. I've got no doubt he'll do it as a manager because he'll never give in.
Champions League game to come against Real Madrid. People have said it's almost impossible for them to do it, but Roberto Di Matteo did it when he was an interim manager. Stranger things have happened in football.
What an opportunity for Frank and a good time for the club to take the pressure out of the situation," Redknapp argued.
The coaching position at Chelsea fell vacant following Graham Potter’s sacking, and Lampard was at the stadium during the Blues’ goalless draw against Liverpool.
His presence, according to the former Southampton player, was no coincidence.
"I watched the game on Tuesday night. I saw him in the crowd, and he looked like a guy who hadn't just gone there for a few drinks," he added.
"He watched it in a very studious way, and I started to think that might be an opportunity, and the Chelsea owners may look at Frank as an option."
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Despite spending more than £550m on new players this season, Potter leaves Chelsea in 11th place.
Luis Enrique, Antonio Conte, and Julian Nagelsmann are other names that have been linked with a move to Stamford Bridge on a more permanent basis.
"There's not many other managers right now. There are a few names being talked about, so this might make sense for the owners just to give themselves a bit of breathing space and give Frank an opportunity to get back in the game.
"He's got unfinished business at Chelsea. He loves the club, and nobody knows it better than him. I think this is a complete no-brainer.
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The football pundit also stated that the Reds’ struggles can only be cured by massive signings.
"The players haven't had that many good results or scored many goals, but there are real signs at the club," he concluded.
After their goalless draw in the post-Potter era, the Blues are scheduled to face Wolves on Saturday.