SYDNEY, AUSTRALIA - JULY 15: Josh Kelly of the Giants celebrates a goal during the round 17 AFL match between the Greater Western Sydney Giants and the Sydney Swans at Spotless Stadium on July 15, 2017 in Sydney, Australia. (Photo by Ryan Pierse/Getty Images)

Josh Kelly could be set for a move back to Victoria at the end of the season when he becomes a restricted free agent.

The GWS midfielder has an option on his current deal to extend his stay at the Giants b eight years for $8 million. However, SEN's Sam Edmund is reporting that Kelly may be set to head home to Victoria.

SYDNEY, AUSTRALIA - APRIL 27: Josh Kelly of the Giants celebrates after the round 6 AFL match between the Sydney Swans and GWS Giants at Sydney Cricket Ground on April 27, 2019 in Sydney, Australia. (Photo by Ryan Pierse/Getty Images)

Edmund is reporting that it is "more likely" the 2017 All-Australian will test the free agency market at the end of the season.

“I think Josh Kelly is well and truly captain of the intrigue list (when it comes to restricted free agents this year),” he said on SEN’s Crunch Time.

“The Giants were caught between a rock and a hard place, they’ve signed this contract which will see him earn eight million over eight years if he takes up this option in his contract.

“(Josh) Kelly is one not to be rushed and he’s one of the great contract procrastinators it was put to me, I think it’s more likely he leaves but where he goes to, there’s only a small number of windows there."

The silky left-footer has been in good form for the Giants this year and filled the leadership void left by the injured Stephen Coniglio and Toby Greene when filling in as captain.

Kelly was approached by North Melbourne and more informally Carlton when he was last out of contract with North Melbourne offering him a staggering nine-year deal worth more than $10 million.

Edmund is reporting that North Melbourne would again be in the market to match the money Kelly would demand, but that they weren't alone.

“North (Melbourne) can afford him, Essendon can too and he has some links there in (former teammates) Dylan Shiel and Devon Smith,” he said.

“He’s 26, he was an All-Australian in 2017 and has been a stand-in skipper this year and I would argue he’s been in some reasonable form.”