Birmingham City are waiting on John Terry's response from their contract offer.
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Terry is a free agent after ending his illustrious spell at Chelsea at the end of the season.
He has been holding out for £100,000-a-week to continue playing amid interest from Premier League Bournemouth and West Brom.
The Mirror says Championship Brum under boss Harry Redknapp have made the centre-back, 36, a genuine, huge offer to play at St Andrews next term.
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The deal, financed by the club's wealthy Far East owners Trillion Trophy Asia, would make Terry the club's highest-paid player ever on nearly six figures a week.
Source: tribalfootball.com