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John Terry has signed a new one-year contract to stay at Chelsea.

The Blues' captain has agreed a deal that will make him the best-paid defender in the Premier League.

Terry, 33, said: “I am delighted to have signed an extension to my contract with Chelsea, taking me into my 20th year.

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

Terry had originally demanded a longer-term deal – but he was keen to stay at Stamford Bridge and boss Jose Mourinho was desperate to keep him.

Chelsea chief executive Ron Gourlay said: “We are very pleased John, who is an undoubted Chelsea legend, will continue to lead the team next season as he has with unrivalled achievement.”

Frank Lampard is also tipped to sign a new deal at Chelsea, but Ashley Cole is expected to leave the club.