Oldham Athletic have confirmed that they have offered striker Lee Hughes a new two-year deal at Boundary Park.
The former West Brom player signed for the League One side in August 2007 on a free transfer.
The 32-year-old's initial two-year contract is set to expire at the end of the season and the club are said to have put together a lucrative offer for the striker.
Since his arrival, Hughes has bagged 20 goals from 35 starts - 13 coming in the league this season.
The man who once cost Coventry City £5million in 2001 is a valuable asset to John Sheridan and the club are anxious of losing the player on a free in the summer.
"We're hopeful he'll sign it but we're almost in the hands of Lee and his agent," said managing director Simon Corney.
"It's fair to say it's the best offer that we've made to any player in the time I've been at the club."