Gibson 'very close' to signing new Waratahs deal

Daryl Gibson is "very close" to signing a new deal with the Waratahs and also expects Israel Folau to stay on.

Gibson is out of contract after guiding the Waratahs to the Super Rugby semi-finals, a defeat against the Lions ending their season on Saturday.

The New Zealander stated he wants one more campaign with the New South Wales franchise, but has now given a strong hint he could commit to a longer deal.

"[I'm] very close [to signing]," he said.

"Obviously I've agreed to stay on, which is a good thing. [I'm] really pleased - I see a lot of potential in our squad and we want to fully maximise what we can do as a team. 

"At the moment we're looking at a two-year deal, which would be good. Still haven't put pen to paper but certainly I'm happy with the direction of where negotiations are going."

He added: "I think for the club they were after a two-year deal.

"My own personal view was wanting one [year] but I'm happy to stay and start building something special with NSW."

The Reds have been linked with a move for Folau, but Gibson is optimistic that the Australia full-back will remain with the Waratahs.

"A lot of those negotiations are with Rugby Australia but certainly every indication is that Israel is very happy here," Gibson said.