EXCLUSIVE: Phil Foden agrees a new long-term contract at Manchester City worth around £225,000-a-week that will tie the England star down for six more years in a major boost to Pep Guardiola Phil Foden has agreed a new long-term deal at Man City worth £225,000-a-week The Englishman has grown to become one of the club's most important players Former academy star set to sign terms keeping him at the club until 2027 Phil Foden has agreed a new long-term contract at Manchester City - worth around £225,000-a-week. Sportsmail understands there has been a long-awaited breakthrough on a deal which will make the 22-year-old one of the highest-paid youngsters on the planet and see him increase his salary by more than seven times. An offer had been on the table for a number of months but bosses at the Etihad Stadium are delighted with what they feel is a significant boost ahead of the new season. Phil Foden is on the verge of signing a new long-term deal with Manchester City until 2028 The young Englishman has established himself as a key player for the club under Pep Guardiola An announcement on what is likely to be a six-year agreement, which will keep Foden at the club for the foreseeable future and beyond, is expected in the coming days or early next week. A homegrown star, Stockport-born Foden, 22, excelled last season for both club and country and is the poster boy for City’s academy. The new deal dwarfs the basic £30,000-a-week contract he signed in 2018 and will be more reflective of a player expected to enjoy a substantial amount of first team football for Pep Guardiola in the forthcoming campaign. Guardiola recently singled out Foden and Kevin De Bruyne for praise in a recent interview Foden was at Wembley on Sunday to watch the Lionesses defeat Germany 2-1 to win the women's Euro 2022 It will also come as a boost for England manager Gareth Southgate, with Foden allowed to focus on his football ahead of the winter World Cup. On Sunday, Foden watched on with England team-mate Mason Mount as the Lionesses won the Euro 2022 Final at Wembley. Read more: