Arsenal and Tottenham target Gary Cahill will be offered a new deal at Bolton according to The Sun.
The 25-year-old England international, who is rated at £17milllion by Trotters boss Owen Coyle, is ready to negotiate improved terms on his existing contract, which expires at the end of the current campaign.
Arsene Wenger was heavily linked with a move for Cahill in the summer window - but the Gunners failed to reach agreement over a fee with Bolton, and instead opted to sign German international defender Per Mertesacker, who moves to the Emirates Stadium for £7million.
Spurs boss Harry Redknapp also confirmed Tottenham made a deadline day bid to bring Cahill to White Hart Lane, but also failed to meet Bolton's valuation of the player.
It is widely anticipated that Tottenham and Arsenal will renew their attempts to land Cahill when the transfer window reopens in January - with a view to making a cut-price offer for the player who will be available on a Bosman free next summer.
But news that the Trotters will offer Cahill a new deal, could put pay to both the Gunners and Spurs' transfer plans.
When asked about the possibility of the player extending his stay at the Reebok Stadium, Coyle said: "Is a new contract possible? Well everything's possible."
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