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Haaland is very close to signing new contract with Manchester City although his previous contract will be expired on 2027 but Manchester City has decide to extended his contract and since arrived to Manchester City Haaland has scores a lot of goals with this team and he always became an top scorer and this season Haaland can scores 7 goals from 3 matches which he is on fire

Manchester City has just make good decision because Haaland is important player for them and according to the news at his new contract Haaland will have release clause 175 million and Manchester City also will make his as the highest paid player in this team

Source : https://www.dailymail.co.uk/sport/football/article-13823961/amp/Erling-Haaland-Man-City-contract-Real-Madrid-release-clause.html

Erling Haaland since he arrived Manchester City have scored more goals than any European based footballer have managed so I think it's expected for Manchester City to table an offer for Haaland since they're very much aware that the Norwegian is attracting many top European clubs with his prolificity. The relationship between Erling Haaland and Manchester City manager Pep Guardiola is in the best condition which is why the striker is always giving his best whenever he's representing the club so I expect him to easily agree for a contract extension with his club Manchester City.
This will be a good development for Manchester City as a club if the extension deal is closed but will be a bad one for other English Premier League clubs who'll be forced to continue facing the deadly striker for a longer period.

Manchester is worried that there will be top clubs that will recruit him next season including Real Madrid because this club has long been interested in Erling Haaland even though Real Madrid already has Mbappe at this time, therefore Manchester City told Haaland to sign a new contract with an expensive release clause so that top clubs would object to recruiting him in other words Manchester City does not want to lose its mainstay striker in the near future therefore Haaland will stay at Man City for a long time besides that he will also get the highest salary at the club so he is very fortunate to be at Manchester City because he is very special by his club.

Extending the contract of Erling halaand at Manchester city is actually a logical thing to do bro, he would certainly not be short of suitors if they allow his contract to run down, knowing fully well that almost all the top teams in Europe would give anything in terms of offers just to acquire his services, when they know very well that he will definitely deliver goals in any team he plays, because he is actually a top goal poacher, so for Manchester city to extend his contract while making him the club top earner is a logical thing to do, to give his potential suitors less hope of acquiring his services.

Then as for his presence release clause, I don't actually think it's impossible for a team to trigger it and acquire his services with such an amount, remember that Neymar Jr's release clause that is way much bigger than this was triggered by psg in the past, so I believe that if the player in question want to move, and a team willing to trigger his release is available, I don't really think 175 million is out of reach for the big boys like real madrid, Bayern or even psg, so nothing is impossible in football, but at least the player is willing to stay at the club for now, that's why he extend his contract at the club, so I don't think his release clause can stop a player like him from leaving if he really wants to.

In my opinion Erling Halaand will leave when he has the opportunity, it is difficult for him to remain a flagship of the club simply because the offers from the big clubs will arrive when the contract ends and there is no such strong striker around, however compared to the others he is truly a totally alien from another planet and I think that big clubs like Real Madrid are willing to spend a lot of money to bring him home and nowadays paying 175 million for a player doesn't seem that much to me given the Arabs' money Cheesy

yes, I also think that Arab money can buy everything at the moment, let's face it, that's how the world of football now goes, pure entertainment for the masses who sometimes don't understand anything about football but that's how the world goes and we have to adapt, the great champions choose Arab clubs more quickly than big clubs and I wouldn't be surprised if Erling Halaand went to some club if the offer was good, I mean who wouldn't?