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The Scot, who returned to the club halfway through last season and saved them from relegation, has transformed the Hammers this year, with the east Londoners still in contention for European football with two games of the season to go.
Moyes's initial deal was up at the end of this season, though there was an option to extend by a year which was ready to be activated. Instead of opting for another year, co-owner David Sullivan has long been in talks with Moyes over a longer term contract at the London Stadium - which will be announced after the end of the season this weekend.
"We’re pretty well down the lane with my contract," said Moyes. "I hope that we’ll get something confirmed. It is more likely to be after the end of the season before we do anything. We don’t really want anything to get in the way of what we’re doing just now."
The Hammers have two games to go in their bid for European football, starting on Wednesday night at already relegated Turf Moor. Finishing seventh, where they currently sit, would take the club into the newly-formed Europa Conference League - UEFA's new third tier competition.
While many would want to avoid such a tournament, Moyes would still be happy with the reward of European football next season - even if he does have his reservations.
“If we end up finishing in that competition, I don’t think we’ll be disappointed. Maybe next year when we're playing Thursday-Sunday I might think a bit different.
"I think I am really wary of a third UEFA competition, you start to think about the Intertoto Cup and things like that. If you're rewarded with European football for finishing high up the League then it is praise for you.”