William Carvalho was linked to Arsenal and Manchester United in the summer[GETTY]
The Gunners and the Red Devils both weighed up moves for the holding midfielder, however both failed.
More interestingly, the Gunners held onto Joel Campbell after turning down a last-gasp £13million bid.
And according to Portuguese paper O Jogo, Sporting are preparing a new deal which would see improved terms for 22-year-old Carvalho.
William Carvalho Player Profile
Sporting it is believed will offer Carvalho a year's extension on his present deal.
And it is believed Carvalho will earn significantly more, although it is not clear how much.
Sporting demanded £24m for Carvalho in the summer, however it is thought that Sporting would ask for considerably more to even countenance the idea of letting him leave.
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