Manchester City close to finalising Phil Foden contract extension

Phil Foden

Manchester City are hopeful they can complete Phil Foden’s new contract before the end of the season.

Foden, who has his contract until 2024, has been in talks about a new contract for about 12 months, but Man City have not yet been able to finalize the terms.

Last summer, negotiations were kept in custody until Jack Grealish completed his move to the Etihad Stadium, and negotiations continued after the transfer window.

in October that the agreement was verbally agreed upon, but was not put on paper rather than certain clauses confirming the sticking point.

Those talks were rescheduled for the January window,  they resumed last month and negotiations are imminent.

Reports say City’s pursuit of Erling Haaland has forced him to reconsider in terms of Foden and others, but sources close to the club have denied it.

The city’s current wage structure has Kevin De Bruyne leading the way for more than £ 400,000 a week, and their goal is not to break it.

Foden himself has made it clear he has no intention of leaving the club and City are not worried about getting a deal – especially financially and are hopeful that a final agreement will be reached in the coming weeks.

A source familiar with the situation confirmed in 90min that City are hopeful that Foden’s deal can be announced ‘sooner than later.

The city are looking to terminate a number of contracts in the coming months, as they also in close talks with Raheem Sterling, Riyad Mahrez, and Gabriel Jesus – all of whom have contracts expiring next year.

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