Chelsea defender Branislav Ivanovic has agreed to extend his stay at the club by a year, with the option of adding another 12 months next season.
Thought to be worth £120,000-a-week, his new deal will keep him at Stamford Bridge at least until the summer of 2017.
Ivanovic's contract was set to expire at the end of the current season, but the Blues are keen to keep hold of one of their most senior players, despite his unusually poor performances this season.
The Serb turns 32 next month and his new deal is in line with Chelsea's policy of not offering players over 30 contracts longer than one year.
Both AC Milan and Inter had reportedly been interested in the player, who has made over 340 appearances since joining the Blues in January 2008.