Schlotterbeck, 26, has been heavily linked with a move away from Dortmund, but it now appears he is ready to put pen to paper on a new deal.
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According to BILD, the central defender will sign a new contract that will keep him at the club until 2031.
It’s understood that he will earn around €14m per year and there will be a €60 million release clause that will be active in the summer of 2027.
The likes of Liverpool, Real Madrid, Barcelona, and Bayern Munich had all been linked with a move for Schlotterbeck this summer.