Saido Berahino
Reuters

Arsenal and Chelsea target Saido Berahino is set to sign a new three and a half year contract with West Bromwich Albion, according to the Daily Mail, putting to rest rumours of his potential transfer to London in January.

The 20-year-old has established himself as one of the important players for the Baggies, scoring against Manchester United in their historic 2-1 win at Old Trafford. The new deal means that he will take a significant pay rise from his £850 a week salary, which was among the lowest in the Premier League.

The striker's brilliance for the England U-21 has also given him an outside chance to feature in Roy Hodgson's squad for the FIIFA World Cup in 2014. A move to a big club will significantly inhibit his game time on the pitch and thereby restrict his chances.

The youngster has made four starts this season and sored an impressive six goals in all competitions. Should he continue his current form, he is likely to be on the radar of a host of major clubs who will be looking to sign him next summer.

West Brom will take on Newcastle United this weekend and manager Steve Clarke will be hoping that Berahino can make an impact as the Baggies look to end the league in the top half of the table.

Meanwhile Clarke has given his opinion on the allegations over match fixing which are set to taint the Premier League. The former Chelsea man believes that it is improbable that the Premier League will be affected as the amount of money involved for it to happen has to be out of this world.

"My own opinion is that to fix a Premier League game now is difficult, because the amount of money would be incredible. You wouldn't be able to hide the amount of money that would have to be placed on a game or paid to fix a Premier League game. I think that'd be almost impossible," Clarke said.

"It's been shown to be happening in other places so it's not something we can be complacent about. We have to be vigilant and have to stay on top of it. The fact that there is an investigation into something untoward that may have happened is good as it means we're on the ball," he added.