Report: Manchester City set to offer Joe Hart new five-year contract

Manchester City are set to offer goalkeeper Joe Hart a new five-year contract, according to a report.

Manchester City are reportedly on the verge of offering goalkeeper Joe Hart a new five-year contract worth £29m.

The 27-year-old is currently in Brazil with the England squad and played during his country's 2-1 defeat to Italy on Saturday.

According to the Daily Star, City are keen to prevent Hart from seeing out his contract, which has two years left to run.

He is currently paid £70,000 a week by the Premier League champions, but it is believed that he has been offered improved terms of £110,000 a week to keep him at the Etihad.

The report goes on to say that the club are looking to sign a back-up keeper to Hart following the release of Costel Pantilimon, with Willy Caballero said to be on their wanted list.

Man City goalkeeper Costel Pantilimon in action against Newcastle during their Capital One Cup Fourth Round match on October 30, 2013
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Tables
TeamPWDLFAGDPTS
1Manchester CityMan City23202167175062
2Manchester UnitedMan Utd23155348163250
3Liverpool23138254282647
4Chelsea23145441162547
5Tottenham HotspurSpurs23135546212544
6Arsenal23116641301139
7Burnley239771920-134
8Leicester CityLeicester238783432231
9Everton2376102538-1327
10Watford2375113342-926
11West Ham UnitedWest Ham2367102941-1225
12Crystal Palace2367102133-1225
13Bournemouth2366112435-1124
14Huddersfield TownHuddersfield2366111939-2024
15Newcastle UnitedNewcastle2365122131-1023
16Brighton & Hove AlbionBrighton2358101729-1223
17Southampton2349102334-1121
18Stoke CityStoke2355132350-2720
19West Bromwich AlbionWest Brom23310101830-1219
20Swansea CitySwansea2345141435-2117
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