In an attempt to deter Arsenal's advances towards their current head coach Brendan Rodgers, Leicester City are set to offer him a lucrative contract extension.
According to The Telegraph, the hierarchy at Leicester are prepared to double the 46-year-old's wages, offering him a massive £10 million per year. Additionally, they are also keen on extending his contract, which currently runs until 2022, by a year or two.
The Northern Irish manager has done exceedingly well on his return to the Premier League, catapulting Leicester into the title race this season. Currently, the Foxes sit second on the Premier League 2019/20 standings, with 11 wins in 15 games, and three points clear of third-placed Manchester City.
Arsenal, on the other hand, have gone backwards over the last few months. They removed head coach Unai Emery after seven games without a win, and have appointed Freddie Ljungberg as the caretaker manager. They currently sit outside the top six of the Premier League and are in a precarious position.
According to multiple media reports, Rodgers is among Arsenal's potential candidates to take up the permanent coaching role. Leicester, however, are keen to keep hold of the 46-year-old, who has now won them eight games on the trot.