Liverpool have made a new contract offer to Trent Alexander-Arnold.
With Real Madrid pushing to sign the full-back this month as his current deal runs down, Liverpool are hoping to convince Alexander-Arnold to stay with their new proposal.
The Mirror says the contract package is worth £300,000-a-week and will run for five years.
Real are offering similar terms, though if Alexander-Arnold joins as a free agent he would also be due a bumper signing fee.
Real are also willing to pay £20m this month to sign the fullback immediately.