Sheffield Wednesday are looking to fend off interest from a host of clubs who are keen on starlet Ayo Obileye.
The 18-year-old midfielder began his career with Chelsea, but he left the Premier League club when he was 16.
Wednesday moved quickly to snap him up and he has now progressed through the youth ranks at Hillsborough and he has already made his senior debut for the club.
However, Obileye's current youth deal expires this summer and as yet he is yet to sign a professional deal.
Wednesday are looking to tie him down to a long-term deal - but Sky Sports understand there is big interest from a number of Premier League clubs.
Arsenal, Tottenham, Southampton, Queens Park Rangers, Stoke, Aston Villa and Swansea are amongst the clubs believed to be monitoring Obileye's situation.
The three players' current deals expire on June 30 but the club have triggered 12-month options to keep them on board for next season.
Manager Simon Grayson told North End's official website: "I am delighted we have extended the contracts of Bailey, Will and Jeffrey and I am sure they are delighted as well.
"They have all contributed to the football club over the season. Bailey has been outstanding since we arrived - he and Paul Huntington have formed a really strong relationship and contributed to very few goals conceded.
"Will has been a revelation with his performances and the goals he has scored from the wide areas and Jeffrey has affected the games over the last few weeks.
"They are all young, hungry players, looking to improve and we will give them that guidance and work with them to make them good players."