Thiago Motta has signed a one-year contract extension at Paris Saint-Germain just a week after his agent issued the club an ultimatum.
The 34-year-old midfielder had been in talks with the Ligue 1 club for the last few months over a new deal, but without any concrete progress.
The Italy international’s contract expired on June 30 and he has now signed a new deal until 2018 after his agent Alessandro Canovi demanded a decision by the end of June.
“It is a great joy to extend my contract with PSG,” the midfielder told PSG’s official website.
“I have a special history with the club, who have shown a lot of faith in me these last five years.
“The adventure continues and I am very happy. We will continue to be competitive and we will give our all to go as far as possible in every competition we participate in.”
PSG chairman and CEO Nasser Al-Khelaifi said: “We are very satisfied to have extended Thiago’s contract,” he said. “Thiago is an important member of the squad and his leadership and knowledge of the game are much appreciated by our fans.
“Thiago is certainly one of the people to have made a huge contribution to PSG’s growth both in France and internationally.”
Espanyol had been linked with a move for the player, who has more than 200 appearances for PSG, including 42 in all competitions last season.