Cronulla Sharks in Negotiations with Leeds on Segeyaro Transfer fee.

The Cronulla Sharks are believed to be in deep discussions with Leeds Rhinos on a suitable transfer fee for James Segeyaro for 2017.

Segeyaro, 26, informed Leeds at the end of their 2016 campaign that he would not return to England and see out his current contract with the club, which was set to expire at the end of the 2018 season.

Segeyaro was heavily linked with NRL club and current premiers the Cronulla Sharks and Cronulla were keen to sign Segeyaro to replace outgoing Hooker Michael Ennis who decided to make 2016 his last.

Segeyaro’s hopes of entering the NRL for the 2017 season were quickly dashed when Leeds slapped a £250,000 ($A427,000) transfer fee for rake. All clubs that initially showed interest in the former-Panther hooker, including Cronulla, quickly took any potential contract offers off the table.

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Leeds needed to move quickly on from Segeyaro and they did, signing Manly’s young hooker Matt Parcell on a 3-year-deal and will join the club early in the new year.

The Cronulla Sharks are believed to have seen this as an opening in negotiations on lowering the transfer fee, set by Leeds and were in duscussions before and after the Christmas break.

Members inside the Cronulla Sharks are believe to be confident on reaching an acceptable agreement on the transfer fee early in the new year.

Segeyaro joined Leeds mid-season after Penrith released him from his contract, he went on to play 10 games for the Rhinos and scored 6 tries and quickly became fan favourite, but now is enemy No.1