Skysports.com understands Watford are preparing a new deal for Lloyd Doyley after turning down a bid from Queens Park Rangers.
Rangers are believed to have made a £500,000 offer for the full-back as they look to reshape their squad.
Watford rejected the bid out of hand and are now ready to offer Doyley a contract extension to keep him at Vicarage Road.
Doyley has six months to run on his current deal and Watford are keen to extend it to ward off QPR's advances.
The 25-year-old has established himself as a key member of Aidy Boothroyd's side and has been an ever-present in the Championship this term.