Frank Lampard and Fernando Torres could be set to leave Chelsea this summer, as the Premier League club is planning a squad renewal, according to the Daily Mail.

Roman Abramovich is willing to spend big in order to rejuvenate the Blues squad but with the financial fair play ruling coming into effect, it is vital that Chelsea look to get players off the wage bill and many players will be likely to leave Stamford Bridge this summer.

Although for different reasons, Lampard and Torres figure at the top of the owner's list. The Spanish striker has failed to meet the expectations his transfer created, proving the £50million transfer was a costly mistake and making his sale a priority before his market value goes even lower than the £25million it is currently at.

Alternatively, Lampard's era at Chelsea has been successful since joining back in 2001, to the point of currently being three goals away from all-time scorer Bobby Tambling. However, the 34-year-old's contract ends in June and his high wages are a major obstacle to signing an extension.

Despite the unanimous call from fans to give the Englishman one more year at the club, everything indicates the player will make a move to Asia or the United States at the end of the season.

Other than Torres and Lampard, players at the end of their careers such as Paulo Ferreira or Florent Malouda, or unsettled signings such as Marko Marin, could be leaving Stamford Bridge in order to open the door to Abramovich's new purchases.

[cat_link cat="chelsea" type="grid"]