Reported Liverpool target Oscar Cardozo is set to pen a new deal with Portuguese giants Benfica, according to his agent.
The Paraguay ace, who was linked with a move to Anfield this summer, is currently under contract at the Lisbon club until June 2014.
But Benfica have reportedly offered the striker another two years on his deal to keep him in Portugal until 2016.
The 28-year-old's agent, Pedro Aldave, says he and Cardozo are currently negotiating the extension with the club.
He told O Jogo: "The kid is happy in Benfica and it will be normal to stay there, but it is necessary to settle more details."
Cardozo arrived at Benfica from Argentinian side Newell's Old Boys for a reported €11.5million in 2007.
It is thought it would take a €60m offer to lure the hitman away from the Portuguese side.