MacPherson still has a year left on his current deal, but it is now set to be extended, along with the deals of coaching staff Andy Millen and Stuart Balmer.
How long the extension will be is unclear at present, but hopefully it won't be a Tom hendrie style five year contract!
The Saints boss also confirmed today that it is set to be a hectic few days as the club bids to sort out the contracts of players such as John Potter, Stewart Kean and Saturday's goalscorers John Sutton and Billy Mehmet.