MANCHESTER UNITED have agreed a contract extension with Antonio Valencia.
— Antonio Valencia (@anto_v25) January 17, 2017
There was a one-year option clause in the deal Valencia signed in 2014, which expired this summer.
And Manchester United have taken that up to keep him at the club for another 12 months.
The news was confirmed on their official club website this afternoon.
It follows the decision to trigger a similar deal to keep Marouane Fellaini at Old Trafford last week.
Valencia, 31, was free to talk to clubs from abroad from January 1 – as there was six months left on his deal.
But United’s move means the 31-year is remaining at Old Trafford for at least another season.
The Ecuador international was brought to United from Wigan in 2009 by Sir Alex Ferguson.
He has since played 271 times for the club and has scored 21 goals.
This season he has nailed down a place as Jose Mourinho’s first-choice right-back – knocking Matteo Darmian down the pecking order.
A United statement read: “Manchester United have confirmed a clause has been triggered to extend Antonio Valencia’s contract by one year, keeping the experienced Ecuadorian at Old Trafford until at least June 2018.
“Valencia is currently enjoying his eighth season with the Reds and this one-year contract extension will take him to the end of the 2017/18 campaign. Congratulations, Antonio.”