Scunthorpe United's highly-rated midfielder Michael O'Connor is set to reopen negotiations regarding a new contract with the League One club.
The Northern Ireland international's current deal expires at the end of the new season, but he has expressed his desire to stay with the Iron beyond that period.
However, he turned down the initial contract offer earlier this summer and was the subject of a rejected bid from Championship newcomers Peterborough.
The 23-year-old has stressed he remains happy at Scunthorpe and is keen to extend his stay, but only if he is given a fair deal.
"I think that I'll get the chance to sit down with the chairman this week and discuss a new contract with him, so hopefully everything will go well and I can extend my stay here," O'Connor told skysports.com.
"I want to stay here, but I can't sign a new contract if it isn't the right one for me, so we will have to see how it goes.
"The wages obviously got sliced when we were relegated last season, so the money isn't great at the moment and a new deal would help me on that front, but I'm professional and will continue to do my best for the club either way.
"As far as I know it has all gone quiet because Peterborough's offer was less than what they paid for me when I joined two years ago.
"The chairman feels that I'm worth more than that and rejected the bid, so that was the end of it I think, but I've always been happy here anyway."