Former Celtic boss Brendan Rodgers looks set to sign a bumper new deal at Leicester to fend off interest from Arsenal.

The manager has reportedly been sounded out by Gunners hierarchy to replace recently sacked Unai Emery.

He recently admitted to having a clause in his contract that could see Arsenal coax him away if they parted with around £14million.

Ex-Celtic boss Brendan Rodgers admits clause in Leicester deal would 'allow him to leave' if Arsenal come calling

And while he recently claimed to be happy in his role at the King Power Stadium, speculation continues to mount about his loyalty should a move be made.

Now, Transfer Window podcast host and journalist Ian McGarry has revealed that Northern Irishman Rodgers, 46, could be in line for almost £5million more in wages should he opt to stay.

He said: "Leicester City are planning to offer Brendan Rodgers a new contract, an extended contract on better terms amid interest from Arsenal who have been pursuing the possibility of succeding Unai Emery at the Emirates. 

Jamie Carragher claims Celtic fans were 'harsh' on Brendan Rodgers but he should not leave Leicester for Arsenal

"Our understanding is that Leicester will offer him an extended deal of one or possibly two years. 

"His current deal ends in 2022 and with the new deal he will have the possibility of earning £5m more than his current deal in both wages and bonuses."

Rodgers' loyalty has been questioned by a number of people in recent times including Lee Dixon, Andy Gray and John Hartson while former Liverpool captain Jamie Carragher claimed Celtic fans' criticism of their ex-manager was "harsh" - despite him leaving in the middle of a trophy-seeking season.