De Bruyne's deal doesn't expire until 2019 but he could get big wage rise

But his German club want to extend his contract to thwart big bidders

Belgium international is valued at £50m and PSG are also keen on him

Wolfsburg will attempt to keep Kevin De Bruyne from from Manchester City's clutches during contract talks on Monday.

City are ready to splash £50million on the Belgium international this summer as Manuel Pellegrini looks to assemble a squad capable of wrestling the Barclays Premier League title from Chelsea.

But the Bundesliga outfit are determined to keep the attacking midfielder and will hold discussions over an improved deal to stay in Germany on Monday.

Wolfsburg will try to keep Kevin De Bruyne from from Manchester City's clutches with new contract talks

Wolfsburg want the Belgian midfielder to sign a new improved deal to ward off bids from City and PSG

De Bruyne's current deal still has four years left to run but he could be in line for a significant wage increase

Wolfsburg's pitch is likely to prove pivotal to City's chances of landing De Bruyne this summer.

De Bruyne's current deal doesn't expire until 2019, but Wolfsburg will offer him an extension with a significant increase on his current £40,000-per-week deal.

It remains to be seen whether the new contract will be enough to keep De Bruyne happy at Wolfsburg.

Cash-rich City and Paris Saint-Germain are both prepared to spend heavily, particularly in terms of wages, to land the 24-year-old attacker in time for next season.

PSG have already been in contact with the player's agent and have made it clear that they intend to make an offer although no formal bids have been made yet.

De Bruyne has become one of Europe's hottest properties since moving to the German club from Chelsea

Manchester City manager Manuel Pellegrini wants to bring in new recruits to help overhaul Chelsea

Speaking last week Wolfsburg sporting director Klaus Allofs said: 'Kevin has a contract until 2019, so the signal has already been sent out. He will stay with us. We've said we will look at his contract.

'The aim is to take into account financially Kevin's extraordinary development. The best players should earn the best wages. We will make an offer to him and I think we will reach an agreement here very quickly.'

PSG are also threatening City's bid for Fulham starlet Patrick Roberts.