The NRL is very close to locking in a $57 million bid to keep the Super League alive after spending the past two years looking at avenues to invest in the English competition.

There have been growing concerns that the long-term future of the Super League, so much so that it could go bankrupt.

Now, the NRL is set to finalise a deal to be alongside the Super League.

Code Sports reports that Peter V'landys will be on the phone with English bosses on Thursday night to agree to a deal arguably the most important in rugby league history.

England's Rugby League Commercial (RLC) are close to accepting the offer made by the NRL.

It's believed to be worth around 5 years $57 million after 12 months of back-and-forth negotiations.

The NRL under V'landys has made it its mission to grow the game across the globe, as the league makes its first significant expansion drive into the northern hemisphere.

Almost every club in the Super League has shown support for the deal.

Code Sports also reported that 10 of the 14 clubs approve the financial package from the NRL.

Wigan Warriors v Catalans Dragons - Betfred Super League Grand Final
MANCHESTER, ENGLAND - OCTOBER 14: Jai Field of Wigan Warriors runs with the ball during the Betfred Super League Final match between Wigan Warriors v Catalans Dragons at Old Trafford on October 14, 2023 in Manchester, England. (Photo by Jan Kruger/Getty Images)

Wigan, St Helens, Toulouse, Hull KR, Hull FC and Leeds are among the clubs agreeing to the NRL's deal.

Several English bosses have pressed the RFL to accept the deal proposed by the NRL.

Originally, the NRL's first offer in August was valued at $11.5 million over a five-year period.

Part of the deal would include the NRL taking a 10 per cent share of the Super League competition until the NRL owns 50 percent.

However, that was rejected by Super League clubs.

The current offer intends to improve Super League's infrastructure and use the NRL's brand to secure a more lucrative TV rights deal.

There have been clubs in the Super League struggling with funding and revenue, being reliant on their wealthy owners, with Wakefield Trinity reporting financial losses.

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Nearly every Super League club reports financial losses and increasing financial strain.

V'landys and NRL clubs are willing to spend money to grow the game in the northern hemisphere as they aim to globalise the sport and compete with rugby union.

The NRL secured a $5.3 billion TV rights deal beginning in 2028 and ending near the mid-2030s.

All Super League clubs will need to be on board, and there is hope a deal can be finalised this week.