But the striker insists he wants to talk to new boss Glenn Hoddle in the near future before he makes any decisions.
His current deal, like Darren Anderton and Sol Campbell, runs out in the summer.
Les, with nine to his name this season, said: “We’re well along the lines of sorting out my contract here.
“But a new manager has come in and what I would like to do first is talk to him before I make a definite decision and see what his plans for me are next season and the season after.”
Les insisted Glenn’s arrival was good news. “I think it’s good news for everyone concerned and the important thing is that we’ve a manager sorted out as quickly as possible.
“The supporters will have an affiliation with Glenn because they call this his spiritual home. This is his home so let’s see if we can go forward now.”
Les Ferdinand says he is ‘well on the way’ to agreeing a new deal to stay at the Lane.