Leicester City are set to reward manager Claudio Ranieri with a new contract worth £3m a year, reports the Telegraph.
The experienced Italian boss guided the Foxes to the Premier League title this season and is expected to put pen to paper on a new deal next month following their domestic triumph.
The same report suggests negotiations between the manager and club are "progressing well" with a three-year extension to his current deal on the cards.
Ranieri took over the reins at Leicester last summer on the back of Nigel Pearson's sacking, at the time agreeing a contract worth £1.5m a year.
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