With interest from AC Milan shaking them into action, Real president Ramon Calderon will soon offer Ramos a new deal worth £6 million-a-year net.

The improved contract will make Ramos the second highest paid player at Real behind only captain Raul - and on par with Iker Casillas.

"I am happy at Real Madrid, but I also hope to grow financially," Ramos admitted last month before Milan's interest became public.