Chelsea fullback Reece James is on the brink of penning a new contract.

The Times says the 22-year-old is currently in advanced negotiations for a new contract at Stamford Bridge with a deal said to be announced in the coming days.

James was briefly linked with a move to Real Madrid before the summer window, with former Blues boss Carlo Ancelotti said to be a keen admirer of the defender.

The club are also said to be keen on tying down Mason Mount to a new deal, after the midfielder collected his second Chelsea Player of the Season award at the end of last season.

Mount and James are two of the lowest paid members of the current senior squad with both having been at Chelsea since their youth.