Chelsea reportedly offered Andreas Christensen a pay reduction in their first offer to the defender for a new contract.
The Sun report that the opening offer in contract renewal negotiations was lower than the £78,000 a week wages he currently receives at the club.
This came after the club were open to selling the Danish central defender back in January 2020 before he hit a run of form that has made him one of the team's key players.
However, he has now reportedly finalised talks over a new £120,000-per-week deal with the finer details being worked out before an official announcement is made.
Christensen's current deal expires at the end of this season but after playing four of the club's opening five league matches, Chelsea were keen to tie him down long term.
The 25-year-old also featured in both the UEFA Super Cup and Chelsea's Champions League opener against Zenit Saint Petersburg last week.
His form this year has not gone unnoticed and his manager, Thomas Tuchel, was full of praise following Sunday's 3-0 win away to Tottenham Hotspur.
"Andreas has been very strong since day one, can play in all three positions in the defence and he plays with a lot of confidence," he said after the match.
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"In the beginning, I had the feeling it was a bit of [a] push to believe in himself and impose himself and trust in his quality because he has everything that we need in these positions.
"Again a very strong performance. You can see it in the minutes.
"We rely fully on him and he’s doing very, very good so far and it is everybody’s target that he continues like this."
Christensen joined Chelsea in 2012 aged just 16 after arriving from Brondby before being promoted to the first team three years later.
Since then he has gone on to make 133 appearances for the Blues, winning the Champions League, FA Cup and the Europa League.
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