Fabrizio Romano provides a crucial update on Manchester City superstar’s contract situation

Manchester City's English midfielder Raheem Sterling (L) and Manchester City's Algerian midfielder Riyad Mahrez (C) warm up ahead of the English Premier League football match between Leeds United and Manchester City at Elland Road in Leeds, northern England on October 3, 2020. (Photo by Paul ELLIS / POOL / AFP) / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images. An additional 40 images may be used in extra time. No video emulation. Social media in-match use limited to 120 images. An additional 40 images may be used in extra time. No use in betting publications, games or single club/league/player publications. / (Photo by PAUL ELLIS/POOL/AFP via Getty Images)
Manchester City's English midfielder Raheem Sterling (L) and Manchester City's Algerian midfielder Riyad Mahrez (C) warm up ahead of the English Premier League football match between Leeds United and Manchester City at Elland Road in Leeds, northern England on October 3, 2020. (Photo by Paul ELLIS / POOL / AFP) / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images. An additional 40 images may be used in extra time. No video emulation. Social media in-match use limited to 120 images. An additional 40 images may be used in extra time. No use in betting publications, games or single club/league/player publications. / (Photo by PAUL ELLIS/POOL/AFP via Getty Images) /
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Riyad Mahrez has been one of the best performing players in the Manchester  City outfit. The former Leicester City man has amassed 14 goals while assisting on six occasions, this season.

In the recently concluded crunch UEFA Champions League semi-final tie against Paris Saint-Germain, the Algerian International was at his very best as he managed to find his name on the scoresheet in both the legs. Mahrez has become a vital cog in Pep Guardiola’s system and has hit top form at a very critical juncture of the season.

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With two years still left in his contract, Italian football journalist Fabrizio Romano, speaking on his podcast, ‘Here We Go’, spoke about the contract situation of the 30-year-old.

It is understood that City are happy with Mahrez and are considering opening contract talks sometime in the next month with the player and his agent Though nothing is concrete at the moment, it can be expected that Mahrez will be rewarded for his scintillating performances off-late.

"“Mahrez is one of the players that Manchester City are intending to negotiate and open talks [with] about a contract. It’s not saying that he’s extending the contract, but they will talk about it with the player and speak with his agent. They will do it in the next month.“He has two years on his contract but they want to keep Mahrez. They are happy with Mahrez.”, said Fabrizio Romano.Source: ‘Here We Go’ podcast"

Riyad Mahrez will be 32 by the time his current contract expires and hence a five-year extension would not make much sense. There could be just a wage increase with the number of years remaining in his contract the same for all one might know.

Raheem Sterling was believed to be very close to signing an extension with the former Premier League Champions, but the Englishman’s form and performances in the last few weeks have left have raised many eyebrows about his future at the Etihad Stadium.

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Sterling was not in the XI that took on PSG in either of the legs.

With Ferran Torres still young, City could consider letting go of the former Liverpool man as there have been growing links between the 26-year-old and Real Madrid.

Do you think Manchester City should consider extending Riyad Mahrez’s stay at the Etihad Stadium?