Liverpool captain Steven Gerrard is on the verge of signing a new contract with the club.

The 26-year-old has two years left on his current deal but the Anfield club are keen to sign him on a new four-year contract, and new owners Tom Hicks and George Gillett are willing to sanction a £120,000 weekly wage for the England midfielder.

He said: "Talks are progressing and I am ready to sign a new contract any time now. It´s just around the corner. I am not sure when it will be done but I am ready to sign. As soon as the contract is put in front of me, I will sign it."

© Copyright PA Sport Ltd 2007, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: