Newcastle United are set to reward two of their key players with new contracts.

The Magpies are preparing extensions for Fabian Schar and Jonjo Shelvey, per The Telegraph.

Manager Eddie Howe is a huge admirer of both players, and they have been key in turning around their fortunes in the Premier League this term.

Schar is a key centre-back, while Shelvey's dynamism and passing in midfield have been invaluable.

Despite the club being likely to spend big in the transfer market in the summer, should they avoid relegation, Schar and Shelvey appear to be part of Newcastle's plans moving forward.