MADRID (Reuters) -- Atletico Madrid are looking at extending Argentina forward Sergio Aguero's contract by between three and five years, president Enrique Cerezo said on Tuesday.

Aguero, 22, has formed a successful partnership with Uruguay striker Diego Forlan at the La Liga club and his current deal expires at the end of next season.

"We are studying the renewal [of Aguero's contract] for three, four or five years, just as we are studying those of other players," Cerezo said at a news conference.

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