Noel Whelan has urged Leeds United to tie Bailey Peacock-Farrell down to a new contract as the club prepare to open talks over an extension.

Speaking exclusively to Football Insider, the ex-Leeds forward insisted it would be a “brilliant piece of business” to secure the future of the goalkeeper early in the window.

Football Insider revealed this week that Leeds are confident of keeping the home-grown 22-year-old as they prepare to offer him a contract to replace his current deal, which expires next summer.

Peacock-Farrell lost his regular starting spot following the January arrival of Kiko Casilla, but still made 28 league starts in the recently-completed season.

“Bailey is a good goalkeeper, an international for Northern Ireland, and Leeds need to keep him,” Whelan told Football Insider. “It would be madness to let him go.

“He can learn from Kiko Casilla and go to the next level. He’s improved a lot in the last year and I expect that to continue, with Bielsa and his staff. 

“It makes no sense for Leeds to let go of their best young players. Getting Bailey tied down nice and early to a new deal would be a brilliant piece of business.”

Marcelo Bielsa showed great faith in him in the first half of the campaign after giving him the early nod over Chelsea loanee Jamal Blackman before he departed in November after breaking his leg.

The 22-year-old conceded just 32 goals and kept 10 clean sheets from his 28 league appearances and has now played in 41 matches for Leeds as well as earned five Northern Ireland caps.

In other Leeds United news, it can be REVEALED that a billionaire-owned club have submitted a multi-million pound bid for a Whites player.