Chelsea captain John Terry has signed a new five-year contract which is reported to be worth £150,000 per week.
A statement on the official Chelsea website stated the club was “delighted” that Terry had signed the new deal.
It added that the move reaffirms the England skipper’s desire to end his career at Stamford Bridge.
Terry was wanted by Manchester City earlier in the summer and it was reported that City were willing to offer the palyer £200,000 a week to sign for them.
Chelsea manager Carlo Ancelotti said in his first media conference after taking over at the club that he would not consider selling Terry.
Terry has been with Chelsea since the age of 14 and has won two Premier League titles, four FA Cups, three League Cups and a Cup Winners Cup in the last 11 years, leading to his nickname of “Mr Chelsea”.