The 18-year-old's previous deal was set to expire at the end of this season and with Bayern Munich openly interested in bringing the forward to the Bundesliga, this news will come as a great relief to everyone inside Stamford Bridge.
Speaking after penning the deal, Hudson-Odoi said, 'It's an awesome feeling.
Granovskaia has become the public face of Chelsea as they enter another new era Credit GETTY IMAGES
Hudson-Odoi made 24 appearances in his debut season in the Chelsea first team, scoring five times and winning his first England caps against the Czech Republic and Montenegro in March. I also know that now the five-year contract is signed the hard work really starts for him'.
He added: "I've been a Chelsea player since the age of eight and this is the right club for me to be at".
Hudson-Odoi's deal to 2024 is part of a push at Chelsea to secure their most talented young players to long contracts.
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Chelsea announced the deal on Thursday, praising the young England global, while highlighting his achievement with the team last season.
"I have seen Callum come through and he's a fantastic talent", said Chelsea manager Frank Lampard.
"I'm delighted everything has been agreed and now I'm just looking forward to properly getting back". We are delighted he has committed to Chelsea and we are all excited about the prospect of seeing him continue to blossom in the years ahead.
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"So, day by day in training, I'm able to show the players that, for me to get where I am, I've had to put in sacrifice, to show determination, and those are the right paths for them to follow as well".
Hudson-Odoi will join the likes Tammy Abraham, Mason Mount, Ruben Loftus-Cheek and Fikayo Tomori to have risen through the ranks at Chelsea to make it at the highest level of English football. He has played 28 times for Chelsea's senior side so far, scoring five goals and assisting a further five strikes.
"I think the camp now is just more happy, more positive".
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