Manchester City

Man City close to finalising new Phil Foden contract

Graeme Bailey
Phil Foden will be staying at City
Phil Foden will be staying at City / Visionhaus/GettyImages

Phil Foden is close to putting pen to paper on a lucrative new long-term contract at Manchester City, 90min understands.

Foden's future at the Etihad Stadium has never really been called into question, although his current deal has just two more years to run.

The 22-year-old's representatives have been talking to City about new and improved terms since last summer and there's a confidence, like there always has been, that a deal is now close to being finalised.

Sources at the club would not confirm the exact length of the agreement, but 90min has been told that Foden's new deal will run until at least 2027 - with the England playmaker set to pocket in excess of £200,000-per-week in wages.

The multi-time Premier League winner will also have incentives in his new contract that could trigger further earnings - significantly elevating Foden's status within the squad to being one of Pep Guardiola's better paid players.

Listen now to 90min's Talking Transfers podcast, with Scott Saunders, Graeme BaileyHarry Symeou Toby Cudworth. On the latest show they discuss Cristiano Ronaldo holding talks with Man Utd over his future, Barcelona attempting to sign Jules Kounde ahead of Chelsea, Man City rewarding Phil Foden with a new contract and more. Available on all audio platforms and the 90min YouTube channel.

If you can't see the podcast embed, click here to download the episode in full!

Foden has made 169 appearances in all competitions after becoming a regular in City's side during the 2018/19 season. He has quickly established himself as one of Guardiola's more versatile operators, and played all across the forward line last season as well as picking up roles in midfield.

He's likely to feature further forward this season following the departures of Raheem Sterling and Gabriel Jesus, although City have strengthened their arsenal with the signings of Erling Haaland and Julian Alvarez.

Kalvin Phillips has also arrived in midfield, offsetting the departures of long-serving Fernandinho, on a free transfer, and Oleksandr Zinchenko.