Liverpool have been handed a giant reprieve from their troubled season after Jordan Henderson agreed a five-year contract worth £100,000-a-week, reports The Mail.
The story has been echoed around the national newspapers on Tuesday morning, but Liverpool have, as of yet, refused to confirm or deny the reports.
BBC correspondent Ben Smith has claimed that Henderson is close to agreeing a deal, but nothing has been signed.
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That would explain Liverpool's silence regarding the matter, but would also suggest that a deal is as good as done, which is a massive deal for the club.
Henderson has been a key player for Liverpool over the last two seasons and has been tipped to succeed Steven Gerrard as captain of the club. Gerrard is leaving for the MLS outfit LA Galaxy at the end of the season and is appears Henderson has been groomed as a replacement.
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The 24-year-old has just 12 months remaining on his current deal at Anfield and there were suggestions that he could force his way out of the club this summer. Having already lost Luis Suarez and now Gerrard, Henderson's departure would have been a big step backwards for Brendan Rodgers.
Chelsea were just one of the clubs rumoured to be interested and Jose Mourinho would have fancied his chance of coaxing the former Sunderland player to Stamford Bridge. However, it seems the chance to succeed Gerrard as skipper of Liverpool, as well as a hefty pay rise, has convinced Henderson to stay.
Henderson had once been described as a waste of money after failing to convince following a £16million move from Sunderland in 2011, but has no emerged as one of Liverpool's best players.
He has contributed 13 assists and seven goals this season and has played a mammoth 55 games in all competitions.
Henderson will join Daniel Sturridge and Philippe Coutinho is signing a long-term deal with Liverpool this season and could also go a long way to convincing Raheem Sterling to stay.
The 20-year-old has been a prime target for Rodgers despite having two-years remaining on his current deal but he has already rejected a £100,000-a-week deal.
However, seeing his fellow England internationals Henderson and Sturridge commit their futures could convince Sterling that Anfield is the best place to develop his potential.
Do Liverpool fans think this deal with Jordan Henderson could convince Raheem Sterling to stay?
Give us your thoughts in the comment box below!