Former Blues defender Mario Melchiot has warned the club against keeping the Belgian forward for another year, only to lose him for nothing when his contract expires.
Hazard’s current deal is set to expire next summer and he has been strongly linked with a move to Real Madrid.
And Melchiot believes selling him to the Spanish giants for £100million this summer would be ‘great business’ for the London club.
Speaking on Monday’s Alan Brazil Sports Breakfast, the former centre-back said: “Keeping him for another year and letting him go for free? That would be bad business.