Raheem Sterling will be offered a stunning new contract by Liverpool.
The Anfield club are keen to thrash out a mega-deal to tie down the teenager for the long term because of his growing reputation.
Real Madrid are already on red alert after Sterling’s impressive form and performances for Liverpool during their run-in last season.
The 19-year-old also enhanced his reputation at the World Cup despite England’s disappointing campaign.
Sterling signed a £30,000-a-week deal just over 18 months ago and that expires in 2017 but the club want to reward him – and he can even expect to quadruple his wage.
We revealed in April that Liverpool want to lock him down after his impressive form which pushed him into England’s World Cup squad and nearly helped Liverpool win the title.
The Reds have also been impressed with Sterling’s growing maturity off the pitch and they are anxious to keep their brightest young star.
Liverpool boss Brendan Rodgers has also talked up Sterling this week, claiming the teenager has taken his game to a “new level.”
Rodgers said: “This kid is only going to get better. He’s way above the level from when he first came in. Tactically, technically, and what has been beautiful to watch with Raheem has been his maturity.
“He’s turning into a beautiful young man, with all the responsibility. He’s still only 19, but in big games he’s performed and he’s a wonderful talent.”
The Liverpool manager also compared a goal Sterling scored in a pre-season game against Manchester City to the brilliance shown by Lionel Messi.
That is a clear indication of just how highly Liverpool rate Sterling and they have moved to begin negotiations for the versatile forward.
They know that they will need to tie him down to put off the growing list of admirers headed by European champions Real.