Wolfsburg have made defender Naldo a "very generous offer" to stay at the club, amid interest from Manchester United.
Naldo's current contract at the Bundesliga club is set to expire this summer, due to clause relating to the club's participation in European competition. According to Bild, the Brazilian's current deal has an option for a one-year extension, providing Wolfsburg qualify for the Champions League or Europa League.
But with the club currently sat 10th with just two games of the season remaining, those qualification hopes are over. Kicker reported United's interest in the 33-year-old centre-half in April, suggesting the Premier League giants want are keen to add his experience to their backline.
Naldo himself later admitted he was flattered by the reports. "Manchester United is a great club and I am honoured by their interest."
And while he insisted his focus is currently on Wolfsburg's domestic campaign, he suggested he could re-evaluate his situation at the end of the season, adding: "However, I am fine and I feel at ease here. So, now I think only to the end of the season."
Wolfsburg however are making moves to ensure Naldo, twice capped for the Brazilian national team, remains where he is. Wolfsburg sporting director Klaus Allofs was quoted as saying by ESPN: "We have made him a generous offer."
Naldo scored twice against United in their 3-2 defeat to Wolfsburg in December, a loss that confirmed their elimination from the Champions League.
Wolfsburg, who almost shocked Real Madrid in the quarter-finals of the Champions League, have endured a horrible run of form that has seen them fail to win a Bundesliga game since early March. Last season's league runners up were also hammered 5-1 by Borussia Dortmund on Saturday 30 April, leaving them nine points adrift of the final Europa League qualifying spot.