Veteran defender John Terry signs on to stay with Chelsea for another season

CHELSEA captain John Terry has ended speculation over his future by signing a one-year contract extension with the Premier League club.

CHELSEA captain John Terry has ended speculation over his future by signing a one-year contract extension with the Premier League club.

Terry is said to have turned lucrative offers from foreign teams to extend his stay at Stamford Bridge after agreeing a deal that will reportedly pay him in the region of $319,000 a week.

The 33-year-old, who is a product of Chelsea’s youth academy and made his debut in 1998, has been handed the contract after a superb individual season with the Blues, which saw him return to peak form following the return of boss Jose Mourinho, after losing his place under interim manager Rafael Benitez last term.

It was initially claimed Terry would have to take a substantial pay cut to extend his spell at Chelsea into his 17th season as a member of the first team.

Talks appeared to have stalled late in the season, leaving Terry in the dark over his future.

But Mourinho had recommended that Chelsea offer Terry a contract extension and, after negotiations resumed last week, he has been rewarded for strong performances as the Blues finished third in the league and reached the Champions League semi-finals.

John Terry has been in commanding form this season.

“I’m delighted to have signed an extension to my contract with Chelsea taking me into my 20th year with the club,” Terry said.

“I’d like to thank the fans and club for their continued support, and the manager who was instrumental for me the last season.”

Chelsea’s recently adopted club policy is to offer one-year deals to players in their 30s upon the expiry of their current agreements.

Terry, who joined the club age 14, has played 621 games for Chelsea, scoring 57 goals, and has been captain on 490 occasions.

He has won three Premier League titles, the 2012 Champions League, the 2013 Europa League, five FA Cups, two League Cups and the Community Shield.

Originally published as Veteran defender John Terry signs on to stay with Chelsea for another season