Erling Haaland is reportedly close to committing his future to Manchester City by signing a lucrative contract extension – but the deal is expected to contain a release clause.

Haaland has enjoyed a stunning start to the new Premier League season, scoring seven goals in Man City‘s opening three matches.

The forward headed into the international break with Norway off the back of scoring consecutive Premier League hat-tricks against Ipswich and West Ham.

Spanish newspaper Marca report that Haaland is expected to soon commit his future to the Premier League champions by signing a new contract.

His existing deal is due to expire in the summer of 2027.

Erling Haaland is reportedly closing in on signing a lucrative contract extension with Man City

Marca led their report of Haaland’s deal with the headline ‘renewal and a release clause’

Real Madrid do not see Haaland as a priority after signing Kylian Mbappe this summer

According to the report, Man City will make Haaland the highest paid player in the Premier League through his basic salary – with team-mate Kevin De Bruyne holding the title currently.

De Bruyne is reportedly on wages of £425,000-a-week at Man City, while Haaland currently earns a basic salary of £375,000 each week.

However, Mail Sport understands that while Haaland receives a basic salary which is in line with the other higher earners at the Etihad Stadium, a series of substantial, almost-guaranteed bonuses see his weekly wage surge beyond the £850,000 mark.

Marca state that Haaland’s new deal is expected to contain a release clause, which should be achievable for Spanish giants Real Madrid in the future.

The Champions League holders remain admirers of Haaland, but the Norwegian is not currently see as a priority having added Kylian Mbappe to an already stellar strike force this summer.

A release clause is reportedly viewed by Haaland, his father Alf-Inge and agent Rafael Pimienta as a way to ensure the forward maintains control over his future and career.

Pimenta said last year that Haaland was ‘the master of his destiny’, but would ensure he will always do what is right for his club.

A release clause would continue to give Haaland a degree of control over his future

Haaland has enjoyed a stunning start to the season by scoring seven goals in three matches

A similar release clause had been triggered by Man City when they signed Haaland for £51million from Borussia Dortmund in the summer of 2021.

Haaland has enjoyed stunning success at Man City, with the forward having scored 97 goals in 102 appearances for the club to date.

This includes winning the Premier League golden boot in the last two seasons.

The 24-year-old has also won the Premier League twice, the Champions League and FA Cup during his two seasons at the club.