Manchester City target Eberechi Eze has “agreed” to stay at Crystal Palace for one more season, according to London World reporter Rahman Osman.

The 25-year-old has been linked with both the Premier League champions and Chelsea in recent days but it is believed that the player is happy to remain at Selhurst Park until next year.

One of the main reasons why Eze is willing to turn down interest this summer is due to his contract situation. He will have one year remaining on his current deal by the end of the campaign and he will be in a much better position to dictate terms.

It should be pointed out that City have not prioritised a move for Eze anyway, having focused their attention on recruiting Matheus Nunes from Wolves.

Chelsea, meanwhile, would have had trouble discussing a deal with Palace, having already upset the Eagles in the way they tried to sign Eze’s teammate Michael Olise.

Will City return with an offer for Eze next summer?

Considering the treble winners are prepared to pay €60m (£51m) in order to bring in Nunes now, you would have to say that it’s unlikely they will revisit a move for Eze in the future.

Of course, a lot can change over the next twelve months. Kevin De Bruyne’s injury record has been pretty poor in recent campaigns so there is an argument for signing another player to carry the workload if his fitness problems persist. Eze could be that man if he has another great season.

The cost of the transfer will depend on whether Eze opts to extend his contract

Although it appears that the midfielder is prepared to wait things out and look at his options come the end of the campaign, there is still a chance that he could sign a new deal in the interim. Manager Roy Hodgson is hoping he puts pen to paper on an extension:

“We’re fortunate that Olise has seen fit to really give us a long-term commitment. I will be more than happy if Eze did the same thing.”

If that were to happen, Eze’s price would skyrocket but that is a purely hypothetical situation at the moment.