Leicester have begun talks with Jeffrey Schlupp's representative about a new contract for the highly-rated teenager.
The 18-year-old striker is the club's leading scorer this season with four goals - all of them coming in the Carling Cup.
He still has two years remaining on his current contract but the Foxes want to tie down the Ghanaian-born Germany Under-19 international for the long-term.
Schlupp, who had a successful loan spell at Brentford last season, only signed a new deal in April but his profile has risen considerably since then, with Barclays Premier League interest reportedly mounting by the week
Following Leicester's goalless draw at Middlesbrough on Wednesday night, where Schlupp came on for the injured Jermaine Beckford at the start of the second half, manager Sven-Goran Eriksson said: "He has two more years left on his contract but he will have another one, no doubt about it.
"The club has started talks with his agent. He is a great prospect for the future and we are very happy with him. Playing in this league he is getting stronger and stronger, and cleverer too."
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