James Corden has been asked to present the 'Late Late Show' for another two years.

James Corden

James Corden

The 39-year-old show host's five-year contract with CBS - thought to be around £10 million - will expire in 2020 but bosses are desperate to keep him at the helm following his global success and have offered him a new two-year deal worth £8 million.

A source said: "The feeling is that James deserves a significant pay hike."

And it looks likes James may be willing to accept the offer as he has said that he's "not sure" when he'll be coming back to the UK as negotiations are still ongoing.

Speaking to The Sun newspaper's Bizarre column, he said: "I'm not sure when I am coming home now -- that is still up for discussion. We are in negotiations."

The deal will mean that James will become the highest paid British telly star abroad.

James moved his wife Julia and his children - Max, seven, Carey, three, and Charlotte, six months - across the pond when he landed the impressive gig back in 2015.

And, although his presenting skills have been heavily praised by fans across the world, James admitted at the time that he was anxious about how the US audience would perceive him because not many people over there had heard of him until then.

He also introduced the segment Carpool Karaoke - in which he drives around Los Angeles alongside music stars including Adele and Jennifer Lopez as they sing their biggest hits - and decided to have more than one celebrity sitting on the famous sofa.

He said at the time: "What I wanted to bring to the show is unpredictability, so you're never really sure what's going to happen."

And his gamble certainly paid off as he received nothing but positive feedback after his first show - in which he had Mila Kunis and Tom Hanks as his guests - three years ago.