Tottenham have reportedly commenced discussions with Luka Modric and his representatives regarding a new contract.
According to the Evening Standard, the north London club have 'opened talks' with Modric and are set to offer him up to £100,000-per-week - a rise of over 60 percent.
The 26-year-old was identified as Chelsea's key target during the summer, but Spurs rebuffed at least three substantial offers for the playmaker.
Modric was desperate to move to Stamford Bridge and saw himself left out by Harry Redknapp at the beginning of the season in order not to disrupt the team.
But, since the dust has settled, Spurs are optimistic they can get the Croatia international to extend his stay at White Hart Lane beyond its current terms.
Redknapp has been vocal in his support of a bumper pay rise for Modric, especially after Chelsea tabled £40 million for his services.
"If he's worth £40million, then life tells you that you have to be paid accordingly," said the Spurs boss.
"You can't say he is worth that much then pay him the wages of someone worth £5million. That doesn't ring true does it? You have to look after the boy and I am sure we will do that. Hopefully, his future is here.
"This is a big club, a good club. I am sure the chairman will sit down and talk to him.
"We have got to convince him that his future is here and make it right for the boy, which is only fair and I'm sure we will."