Paris Saint-Germain are hoping to make a big step forward in negotiations with Lionel Messi over his new contract by the end of the month, sources have told ESPN.

Messi, 34, was linked with a shock move to Al Hilal on Thursday but is happy in Paris and won’t be joining Cristiano Ronaldo in Saudi Arabia, according to sources.

The Argentina international’s contract expires at the end of the season, but both parties have agreed in principle to continue Messi’s stay in France.