Hazard, according to the Times UK, said he will extend his deal with the Blues only if they qualify for next Champion League.
Chelsea failed to make Premier League top four last season and will not be playing in Europe’s elite competition this season.
The Belgian wants to see if this season will be different before he agrees to sign a new contract.
Hazard looked like he was off to Real Madrid after hinting that his time at Stamford Bridge could be coming to an end, however, it now looks like the Belgium international will stay in west London.
Chelsea will offer Hazard a new deal at the club, improving his weekly wage from £220,000 to £300,000.
However, Hazard will only put pen to paper if they secure Champions League football.