Internazionale have confirmed that Luis Figo will be staying with them next season.

The 34-year-old underwent a u-turn on proposed move to Saudi Arabia club Al Ittiha and has now signed up with Inter until June 2008 .

A club statement read: “Luis Figo has confirmed his desire to play another season with Inter, and on the basis of agreements already made, will renew his contract until 30 June 2008.

“At the end of next season, Luis Figo will put his great experience and professionalism at the service of the club to take care of international relations.”