Peacock-Farrell’s deal expires in the summer, and Leeds are keen not to lose one of their prized talents.
The 19-year-old is said to be considering the offer, and he will make his mind up depending on how much first team football he is promised.
But, for Leeds, even if he does sign a new deal, the worry that he could leave does not entirely go away.
By offering such a talented youngster a short-term deal, they are likely to be in the same situation once again at the end of the season.
Peacock-Farrell may well sign a new deal, but if he impresses over the current season, Leeds will be in a similar situation again next summer.
The Whites have already had to sell Sam Byram to West Ham United, because his contract was running down, but they don’t appear to have learnt from previous errors.
By offering Peacock-Farrell a two-year deal Leeds are not securing the youngster for the long-term and solving the problem, they are simply papering over the cracks for the next 12 months.