London, Feb 24 : Midfielder Paul Scholes has informed Manchester United boss Sir Alex Ferguson that he will sign a new one-year deal.
Scholes, 36, had hinted he could retire in the summer, but now he is poised to extend his Old Trafford career to a 17th season.
Ferguson convinced Scholes he has a vital role to play despite being limited to just 11 Premier League starts this term.
Scholes can expect to pick up bonuses along with a 60,000 pounds-a-week pay packet, The Sun reports.
Fellow veteran Ryan Giggs, 37, has also signed a new one-year contract.
But Ferguson could not stop defender Gary Neville, 36, from calling it a day this month.
Ferguson is convinced Scholes' experience, alongside the club's younger players, will be a huge asset next season. (ANI)
Rio de Janeiro, May 23 (IANS) Mention Botafogo to most young Brazilian football fans and the likelihood is the word will conjure images of a battling club with a small, if passionate, supporter base and a sparse trophy cabinet. 
Madrid, May 23 - Malaga coach Manuel Pellegrini has confirmed he will leave the Spanish football club at the end of the current season. 
Kolkata, May 23 (IANS) Notwithstanding serious doubts over injured Sachin Tendulkar's availability, Mumbai Indians would look to exorcise their Indian Premier League 
New Delhi, May 22 : Scandal-hit Rajasthan Royals beat Sunrisers Hyderabad by four wickets in the Indian Premier League (IPL) Eliminator here at the Ferozeshah Kotla Wednesday to enter Qualifier 2. 
Mumbai, May 15 : India's only motorcycle Grand Prix team resumes battle in France this weekend with high hopes of strong results after a top-10 start for the all-new Mahindra Grand Prix machine. 
Dijon-Prenois (France), May 13 : Indian racing driver Sailesh Bolisetti's second weekend of his 2013 Euro Race Car campaign ended on a disappointing note as he finished 18th and 17th in the two races here.