Queens Park Rangers have opened negotiations with Charlie Austin over a new contract, according to Sky Sports.
The twenty-six year old has been strongly linked with a move away from QPR since they dropped out of the Premier League back in May with West Ham United, Newcastle United and Tottenham Hotspur all monitoring the situation.
Leicester City are the only side who have lodged a bid, but so far no sides have met their valuation of £15m.
If that amount is not offered, then the Hoops will push forward with their offer of a new deal.
Austin moved to Rangers from Burnley in the summer of 2013 and has since racked up seventy-four appearances for the club in all competitions, scoring thirty-eight goals.
Chris Ramsey’s side lost their Championship opener at Charlton Athletic on Saturday afternoon, but can be backed at 7/1 to secure an immediate return to the top flight.