The former Sheffield United and Crystal Palace manager is due to fall out of contract at the end of the season but it seems as if he is close to agreeing an extension.
Warnock, who joined the Bluebirds in October 2016, is on course to secure at least a play-off place with the Welsh side this season but he is expected to stay on regardless of whether or not the club earn promotion.
Cardiff are currently second in the Championship table, four points ahead of Aston Villa in third and six adrift of leaders Wolves.
Everton target Jack Wilshere has sparked a scramble for his signature after confirming he is leaving Arsenal this summer.
Tottenham's hopes of landing Wilfried Zaha have been hit by the news Crystal Palace have offered him a bumper new deal to stay.
Ryan Giggs says Gareth Bale would be the perfect fit for Manchester United but has doubts over whether he will leave Real Madrid.
Manchester City's attempts to sign Riyad Mahrez could be in doubt again as reports claim Leicester only want a straight cash deal.
Eden Hazard has suggested his future at Chelsea hinges on Antonio Conte and says Real Madrid know what they need to do to sign him.