Negotiations between Emery and chairman Nassef Sawiris are at an advanced stage, and Aston Villa are hopeful of reaching an agreement this month. The extension would take the Spaniard's time at the club well beyond four years, having arrived in October 2022.
Emery has overseen a significant transformation at Villa, culminating in Europa League success in May. Although he has recently been linked with the Manchester United job as Michael Carrick comes under pressure, there is reportedly a sense of calm behind the scenes at Villa.
The manager's future is part of a wider effort to secure the club's foundations as the next phase of his rebuild takes shape.
Ian Maatsen is the latest player to reach a verbal agreement over fresh terms. The left-back is expected to follow Victor Lindelof, whose new contract was confirmed on Tuesday, in pledging his future to the club.
Maatsen joined Villa from Chelsea in June 2024 in a deal worth £37.5million and has become an important part of Emery's plans. He has started seven of the club's 10 Premier League matches this season, having established himself as the first-choice option on the left.
The Netherlands international suffered an ankle injury during Villa's home defeat by Nottingham Forest on September 12, but returned to action in the victory over Manchester City the following month.
His importance has increased following Lucas Digne's departure to Paris Saint-Germain, leaving Maatsen with a greater responsibility in the left-back position.
Villa had also resisted interest from Manchester United during the summer, and the new agreement is intended to underline their determination to retain a player they regard as central to the club's future.
Emiliano Buendía, Amadou Onana and Ross Barkley are also expected to sign new contracts in the coming weeks, as Villa seek to maintain continuity after a major summer of change, reports the Telegraph.
The club reshaped their squad considerably during the transfer window, with six players from the starting XI in last season's Europa League final leaving. Morgan Rogers, Ezri Konsa, Emiliano Martínez, Ollie Watkins, Youri Tielemans and Digne were sold, raising almost £270million.
Villa also brought in 10 new players, including record signing Nicolas Jackson, Switzerland international Johan Manzambi, Japanese goalkeeper Zion Suzuki and Paris Saint-Germain winger Ibrahim Mbaye.
Securing Emery's future and tying down key members of the squad would provide stability after that extensive overhaul.
Villa return to Premier League action after the international break with a home fixture against Sunderland. They then resume their Champions League campaign the following Tuesday, when Galatasaray visit for the fifth match of the league phase.