Atalanta are reportedly offering Nigerian forward, Ademola Lookman a new deal worth €3.5m (£3.1m) per year plus bonuses, Nigeriasoccernet.com reports.
The 27-year-old's current contract expires in 2026, and Atalanta aim to extend his stay amidst interest from top European clubs.
Lookman has impressed with 12 goals and five assists in 13 appearances this season, taking his Atalanta tally to 40 goals and 23 assists in 91 games.
PSG, Arsenal, and Manchester United were linked with Lookman last summer, but Atalanta rebuffed their advances.
With Chelsea, Arsenal and Real Madrid reportedly making enquiries recently, Atalanta are willing to improve his annual take home by a million euro.
The proposed deal would see Lookman become Atalanta's fourth-highest earner, behind Gianluca Scamacca, Nicolo Zaniolo, and Ben Godfrey.
By Olujimi Dare Ogun