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Spain striker Fernando Torres has agreed on a one-year extension to his contract with Atletico Madrid that will him tie him to the club until 2009, the player said on Monday.

“I had two years left on my contract. After all the uproar this summer I am still here and the club have offered me another year,” Torres told a news conference.

“I am delighted because I feel valued at the club and this is further proof. Everything has been agreed and when I return (from international duty) we will look to make it official.”

Speculation over the future of the 22-year-old striker intensified over the summer, with Manchester Unted reported to be of a number of clubs interested in signing him.

Atletico have spent around €50 million strengthening their squad this summer and are expected to challenge for a Champions League place this season.

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