Real Madrid have decided to reward Marco Asensio with a new contract following a number of impressive performances in recent weeks.
This is according to Spanish news outlet Relevo (via Madrid Zone), which has stated that Real Madrid have made the decision to offer him a renewal, and will send a formal offer to the Spanish winger during the World Cup.
The decision comes after his impeccable display in the 5-1 win against Celtic on Tuesday, even getting on the scoresheet, with this clearing any doubts that the club's officials had about him.
Negotiations for the 26-year-old's renewal will be given the 'top priority' by Real Madrid, as they don't want him to negotiate with other clubs during the January transfer window, given his current deal expires at the end of the season.
Asensio has been in and out of Carlo Ancelotti's side this season, with him yet to start a game in La Liga, coming off the bench on eight occasions in the league, often to play on the right. On the other hand, he has thrived in the UEFA Champions League, with his two starts this season coming in the competition, as he got two goals and an assist in the Champions League.
There has been plenty of speculation surrounding his future, and about a reportedly tense relationship with Ancelotti.
However, when asked about his relations with the manager in September, Asensio said: "Ancelotti is a very good person and I am delighted with him. I don't have any problems with him, on the contrary."
This came after Asensio was seemingly frustrated after not coming on against Mallorca in that same month, something that has since been addressed, with Ancelotti including him in teams on a more regular basis.
With the way things are progressing, it is looking increasingly likely that the Spaniard will stay at Real Madrid beyond 2023, with him prioritising a future at the European champions rather than at another club.