Jordon Ibe
Ibe (C) is set to be offered a new and improved five-year deal following impressive performances for Liverpool in the last one month. (Getty Images)

Liverpool midfielder Jordon Ibe is reportedly set to be offered a new and improved deal following his impressive performances this season.

According to the Liverpool Echo, the young Englishman has impressed the Anfield hierarchy and is now set to be rewarded with a new five-year contract.

The Reds midfielder spent the first-half of the season on loan with promotion chasing Derby County in the Championship, and impressed under manager Steve McLaren, scoring five goals.

These performances prompted Brendan Rodgers to call him back from his loan spell and he is now a regular member of the first-team.

Since his return Ibe has put in some virtuoso displays, including the man-of-the-match performance during the Merseyside Derby earlier in the month.

The 19-year-old midfielder is contracted to the Reds until the summer of 2017, but the club are keen to offer the youngster an improved deal and tie him down for the foreseeable future. The contract is also expected to hike the midfielder's weekly wages.

Ibe, who was signed from Wycombe Wanderers in 2012, is seen as one of the hottest prospects of English football with the Liverpool manager tipping him to become the mainstay in the midfield for club and country in the not too distant future.

The Anfield club have been trying to tie down all their young stars to new long-term deals and recently announced that Philippe Coutinho has signed a new five-year contract.

However, they have hit a road-block when it comes to offering new contracts to two key players in Raheem Sterling and Jordan Henderson, with both players yet to agree new deals with the club.

Rodgers is confident that an agreement will be reached sooner rather than later with the players, and even skipper Steven Gerrard has urged the club to sign up the two stars to avoid last minute panic with regards to their contracts.