Aston Villa boss Martin O'Neill has confirmed that the club are in the process of discussing a new contract with Ashley Young.
Young, 23, admitted earlier in the week that he was keen to follow team-mates Gabriel Agbonlahor and John Carew in putting pen to paper on a new long-term deal with the Midlands club.
The former Watford forward has played his way into the full England side following his £9.65million arrival in January 2007 and O'Neill is keen to tie him down to a lengthy contract.
"Ashley is now worth three times what we paid for him. I am inclined to exaggerate but he is priceless - he is absolutely outstanding," enthused O'Neill.
"Actually, I had better not shout out how much I think he is worth because we are in the throes of doing a new contract with him.
"I actually think he is worth £4million. His value has plummeted until we have got the contract sorted!
"In all seriousness, I would like to try and do that contract in the next week or two.
"Are we that close? - yes."