Premier League chief Richard Masters says clubs will have until June 23 to extend the contracts of their upcoming free agents.

Players who have expiring deals will be able to negotiate a short extension with clubs so they can complete the 2019/20 season, which is expected to continue into July.

"What we decided today - obviously this issue has been highlighted and we've discussed it at the last two meetings - but we've been working as far as possible to ensure that clubs complete the season with the same squad they had prior to the suspension," Masters said.

"What was agreed today is that players can extend their contracts beyond June 30 until the end of the season but it must be agreed by both parties and a later date can be scheduled for that; no later than June 23."