Phil Foden has been a revelation since breaking into Manchester City's first team and the Premier League champions are eager to reward him with a new deal.

The England midfielder is under contract under 2024, but City are set to keep in at the club for the long term.

TOP STORY – CITY REACH FODEN AGREEMENT FOR BUMPER DEAL

Manchester City and Foden have reached an agreement in principle on a $83million deal according to Football Insider.

The mega-money deal is worth around $267,000 per week for the 22-year-old, pushing him close to the money Kevin De Bruyne and Erling Haaland are earning.

The length of the contract is six years for the Stockport-born star, who came through the academy at City.

ROUND-UP 

– Arsenal have moved on from Dusan Vlahovic , according to Fabrizio Romano, who claims the Gunners are not interested in re-visiting a potential move for the Serbian who joined Juventus in January.

– Manchester United will dangle a five-year contract for striker Marcus Rashford as they look to tie him down long term, reports The Express. Rashford's current deal expires at the end of this season.

– Calciomercato claims Alex Sandro will depart Juventus when his contract expires at the conclusion of this season. The Brazilian has previously attracted interest from Chelsea and Paris Saint-Germain .

– Romelu Lukaku has no plans to return to Chelsea when his season-long loan with Inter expires at the end of this season, reports La Gazzetta dello Sport.

– Chelsea are ready to pay $32million for Fulham's 17-year-old midfielder Luke Harris , claims The Mirror. Harris was called up to Wales' Nations League squad, but is yet to debut for the Cottagers.

– Liverpool and Arsenal are both considering a move next year for Villarreal's 21-year-old winger Alex Baena , reports the Daily Mirror.