Nico O'Reilly is on the verge of securing a new contract with Manchester City, which will see his salary double to £25,000-a-week, effectively deterring Chelsea from making further attempts to sign him. Chelsea had made an effort to acquire O'Reilly in January, but their offer did not succeed. Manchester City is eager to prevent the loss of another home-grown talent to Chelsea following Cole Palmer's successful transfer. Negotiations for a contract extension have been underway for several weeks, with the aim of committing O'Reilly to the Etihad for the next five years, including incremental salary increases and bonuses.