The Daily Star are reporting today that Chelsea and Willian have agreed to a new deal which would extend the Brazilian's stay at Stamford Bridge. While it's certainly worth noting that the Star are one of the least reliable media outlets in England, they do occasionally get things right, and extending Willian makes an awful lot of sense as far as all parties are concerned.
For the player, the benefit of a new deal is obvious. An improved paycheck and longer deal are something every footballer usually wants, and Willian would presumably get both by putting pen to paper.
By extending the Brazilian, the club would likely get a smaller FFP hit, as well as the additional control of a player who has been excellent to start the campaign. Once the January window opens, approximately £10 million of WIllian's transfer fee will have already been accounted for, leaving just £22 million to be amortized over the length of a presumed 5-1/2 year contract. That allows the Blues' board to give the player a decent little raise, and still reduce his overall impact on the FFP books.
Hopefully this news is accurate, as seeing the Blues extend the contracts of their better young players is an excellent sign for the future, both on and off the pitch.