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Official: John Terry Signs One-Year Contract Extension with Chelsea

John Terry has signed a new one-year contract extension with Chelsea, which means that his career with the blues is set to continue.

Terry was one of the three key players out of contract in a few weeks. Frank Lampard and Ashley Cole are the others and there has been no mention on their futures. Terry was on a £150,000 per week contract that he signed in 2009. It is understood that he has accepted reduced terms, which will see him earn around £100,000 per week.

Speaking to Chelsea’s official site after signing the deal, he said:

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

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

Terry has featured in 621 matches for the blues. He has scored 40 goals in these matches. He has lifted 14 trophies with Chelsea and this list includes the Champions League and Premier League titles.

The fact that Chelsea have announced only Terry’s deal has put the futures of Lampard and Cole in major doubt. Cole was seen in tears after the Norwich City match, while Lampard is set to join with England squad for World Cup preparations shortly.