Reports from Stuart Brennan in the Manchester Evening News suggest that the announcement of a new contract for Phil Foden is imminent. The 21-year-old, yet to appear this season due to an injury that's kept him out of action since the Euros final will extend his deal until 2027, according to the report.
Despite having 3 years remaining on the contract Foden signed in December 2018, City were keen to reward their youngster after a phenomenal season personally where he scored 16 goals and grabbed 10 assists in all competitions.
Talks over this new deal were sadly delayed after the passing of Foden's long term agent Richard Green in April, who had represented Foden for his whole career so far, but the City star could reportedly wrap up his new deal this week.
Foden, considered one of the best talents in world football, has finally broken through and is now a regular starter for Guardiola. He's one of the first academy players to do this in the Sheikh Mansour era and the club have been very careful in managing his development and importantly his contracts.
Seeing the likes of Jadon Sancho, Kylian Mbappe and Erling Haaland going looking for mega money, in some cases asking for more than City's top earner Kevin De Bruyne. City have not broken their wage structure with an increase for the 21-year-old, however, this new deal will likely move him into a bracket with Ruben Dias, Bernardo Silva and Ilkay Gundogan, which shows just how City value him and his importance to the squad.