The Norwegian is the most in-demand forward in world football at the moment and is almost certain to leave Dortmund in the summer.
Clubs such as Manchester United, Manchester City, Barcelona and Paris Saint-Germain are interested in signing him and a release clause in his contract will take the decision out of Dortmund’s hands.
Dortmund are hopeful of convincing him to stay but they are keen to get clarity over what the striker wants to do soon, in order that they can plan effectively.
And according to German daily Bild, by the end of February, Haaland is likely to take a call on his future at the Westfalenstadion.
While he is expected to want to join a new club, Dortmund are prepared to work hard to convince the forward to stay at the club.
The Bundesliga giants are prepared to offer him a contract that would double his current wages in order to keep him.
Dortmund are planning to hold talks with his agent, Mino Raiola, over a new contract immediately after the winter break.
Manchester United interim boss Ralf Rangnick has reportedly spoken to Haaland’s father about a potential move to Old Trafford in the summer.