Branislav Ivanovic has agreed the terms on a one-year contract extension at Chelsea, after he had received offers to move to Inter Milan and Fiorentina.
The Chelsea right-back, 31, had been holding out for a two-year contract when his current deal runs out at the end of the season.
But Chelsea has a policy of offering players over 30 only one year at a time. In 2014 the club’s record goalscorer Frank Lampard walked away on a free transfer because he was only offered a one-year deal.
However Chelsea are keen to tie Ivanovic down to a new deal. He has been offered a one-year deal, with an option to extend for another season if he plays a certain number of matches.
Talks are close to being finalised and he is expected to sign the new deal next month.
The Serbia international,who is also Chelsea’s vice-captain,had received offers to sign pre- contract agreements for two-year deals with Inter Milan and Fiorentina.
He was also a transfer target for Galatasaray and AC Milan.
Ivanovic joined Chelsea from Lokomotiv Moscow for £9million in 2006, and has made 333 first team appearances for the Blues.