David Silva has reported interest from AC Milan but appears to be staying put.
David Silva is set to extend his Manchester City contract to 2020 in a deal worth £150,000 a week, according to the Daily Mail.
The Spaniard appears likely to put pen to paper and end concerns that the club may fail to agree terms.
Silva's current contract expires at the end of next season and talks started at the beginning of this campaign over a potential one-year extension.
City are believed to have made progress in negotiations, with the 31-year-old expected to sign the new deal imminently.
Silva has been at the club since 2010 having signed from La Liga club Valencia, and has won every domestic trophy with the club.
There have been reports of interest from AC Milan, as well as suggestions that he could be interested in a move to homeland club Las Palmas.
And although Silva is expected to return to Gran Canaria in the latter stages of his career, he remains an integral part of Pep Guardiola's plans.
The ethereal midfielder has already provided six assists for City this season, in a mere seven Premier League appearances.
After City's impressive start to the campaign, Silva recently expressed his hope that he and his teammates can "win big things".
“We have a lot of quality players, everybody knows it, but also we are playing Champions League, a Premier League that is very competitive and the cups will start soon," he said.
“We have a lot of games. It is good to have a lot of quality players that can play. Some can play one game, some can play another. Everybody responds well and that is great.
“We have never won the Champions League and most of the players in this squad have never won the Premier League, so we want to win big things and together we hope we can get them.”