The Blues sacked Conte last summer and have been in a long legal dispute with the former manager.
He departed after a poor season in the Premier League where he is believed to have fallen out with a number of players.
That came the campaign after Conte had led Chelsea to the Premier League though he did win the FA Cup in his final season.
And The Times claim Chelsea have been ordered to pay Conte £9m in compensation with the Blues not planning to appeal the verdict.
It’s claimed that an arbitration tribunal was held after Chelsea refused to pay the final year of his salary that Conte believed he was entitled to.
The Blues reportedly believed that Conte’s behaviour last season put him in breach of his contract.
However it’s the manager that has won the case and Conte could now be set to return to management.
Conte has been linked with a return to Juventus as well as the Inter Milan job.
His relations with Juve chairman Andrea Agnelli are still strained after he left the club to take over the Italian national team so that move looks unlikely.
That’s despite Conte saying last month that he was unsure when he would return to management.
“I still don’t know where I will go,” Conte said.
“But certainly I’ll choose a team who has a project that convinces me.”
Chelsea could be back on the hunt for a new manager this summer with the future of Maurizio Sarri in doubt.
Sarri has struggled in England despite finishing third in the Premier League and guiding the Blues to the Europa League final.
Frank Lampard has been linked to the role should it become vacant, though the former midfielder recently suggested he was staying at Derby.
Lampard said: “Does it affect me? Absolutely not because I have a three-year contract here.
“I am planning for pre-season, I am planning recruitment in the summer, and planning before that getting promoted, if we can.
“Having played for Chelsea for 13 years, and the link I have with them will go on forever.
“It possibly means if Chelsea have their moments, which we all know they have had there, then I am an easy link. So was Zinedine Zidane before he took the Real Madrid job.”