By Editor Wayne Veysey| Former Evening Standard, Press Association and Goal chief correspondent with 17 years experience of breaking big stories, including exclusives like this

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Simon Mignolet is close to agreeing a new £18.7million Liverpool contract, Football Insider sources understand.

The goalkeeper is ready to commit to a deal that will lift his salary to £80,000-a-week and run until 2020.

Mignolet’s current £60,000-a-week agreement has two-and-a-half years left but the Merseysiders are willing to reward his No1 status.

A Liverpool source has told Football Insider that talks have been taking place for months about an extension and all parties are now confident that an agreement is nearly in place.

Jurgen Klopp was evasive on the subject of a new deal for the Belgium international at his media conference on Thursday afternoon but an announcement could be made in January.

Mignolet has attracted criticism for several errors this season but Klopp has consistently backed the Belgium international and insisted he has no plans to move for a new No1 in the winter window.

The 27-year-old signed a five-year contract when he arrived from Sunderland for £9million in 2013.

Klopp has distanced himself from links with Stoke’s Jack Butland and AC Milan’s Diego Lopez while describing Mignolet as one of the smartest goalkeepers he has worked with.