Chelsea are close to confirming a one-year contract extension to retain the services of Branislav Ivanovic, according to reports from the Daily Mail.
The 31-year-old has been handed a new deal in order to ward off interest from European rivals as the expiration of his deal nears.
His current agreement with the Blues will expire in the summer, meaning the right-back is now allowed to open talks with foreign clubs over a possible switch at the end of the campaign.
However, Chelsea are expected to tie him down on a year-to-year contract as their policy states that players over 30 cannot be given more than 12 months at a time.
Ivanovic was under heavy criticism for his performance during the first few months of the season, but looks to have done enough to convince the board to extend his stay.
As well as the Serbia international, the club are also looking to tie down captain John Terry on another 12-month contract extension.