Erling Haaland is reportedly close to committing his future to Manchester City by signing a lucrative contract extension. The deal is expected to contain a release clause.

Manchester City and Erling Haaland are reported to be in talks over a new contract, but one that will retain a release clause. Haaland's agent, Rafaela Pimenta, has held several meetings with City officials over the contract. The striker's contract runs until 2027, though is believed to include a nine-figure release clause potentially worth up to £175m. An agreement between City and Haaland over a fresh deal is reportedly close, though any new contract will still contain an exit clause.

Manchester City is preparing a contract extension for Erling Haaland until beyond June 2027. If agreed, Haaland will become the highest-paid player in the squad, earning around 24 million euros net per season.

Erling Haaland and Manchester City are nearing an agreement for a new contract that would reinforce his status as a key player at the club. The Norwegian, who has excelled since his arrival, could become the highest-paid player in the team, surpassing Kevin De Bruyne with an estimated net salary of 20 million euros per season. His salary would increase to 24 million euros. Despite some moments of sporting frustration, Haaland has reportedly always felt comfortable within the team. City is betting on him for its future, while guaranteeing him some freedom to decide his future, as has always been the case.