Standard Liege are set to keep hold of Obbi Oulare.
On loan from Watford this season, HLN says Standard have offered the striker a four-year contract.
Oulare has a year to run on his Hornets deal, though has no future at Vicarage Road after an injury-plagued time on the books.
The forward joined Watford in 2015 from Club Brugge for €8m.
While he remains under contract, the Standard development suggests Watford are set to release him from the final 12 months of their arrangement.