Manchester City are reportedly still working on a new five-year contract for Phil Foden.

The 21-year-old has been a key player for the Citizens during the 2021-22 campaign, making 40 appearances in all competitions, contributing 13 goals and nine assists in the process.

Foden's existing deal at the Etihad Stadium is due to expire in June 2024, but according to Italian journalist Fabrizio Romano, the Premier League champions are working on a fresh contract until June 2027.

Romano claims that the England international will be offered an increase on his wages due to his importance to the team, and Pep Guardiola's side are hopeful that an agreement will be reached 'as soon as possible'.

Academy product Foden has scored 44 goals and registered 31 assists in 164 appearances for the Citizens since making his first-team debut in 2017.

The Englishman has shown his versatility by operating in a number of different positions this season, playing as a left-sided forward, right-sided forward and centre-forward, in addition to featuring in midfield.