Oxford United have opened talks with Frank Lampard over their vacant managerial position, according to Sky Sports News HQ.

Sky sources believe that Frank Lampard has spoken to Oxford United and is considered to be one of their managerial candidates.

Oxford United are searching for a new manager after Michael Appleton left the club last week.

Appleton was given the opportunity to take up a job in the Premier League and he moves to 2015/16 champions Leicester City to become Craig Shakespeare's assistant manager.

Meanwhile, Oxford United will be looking to bring in a new manager quickly so that he can get to work in the transfer window and have a full pre-season with his squad.

Frank Lampard, who enjoyed a stellar career in the Premier League, is one of the potential new managers being considered.

The former West Ham, Chelsea and Manchester City midfielder played over 600 Premier League games and scored 177 goals.

During his career, the 106-cap former England international won three Premier League titles, four FA Cups, two League Cups, a Europa League title and a Champions League title.

Oxford United are in the process of interviewing a number of candidates and are also interested in Leeds United assistant Pep Clotet.

Frank Lampard has already held discussions though.

The 39-year-old is inexperienced as a coach but Oxford United are thought to be seriously considering taking a gamble on him and handing him the manager's job.

Oxford Utd fans - would you like Lampard as your new manager? Let us know below...