Ashley Cole has brought an end to his transfer saga by putting pen on paper to a new contract with Chelsea. After fighting for months to obtain a long-term contract, the 32-year-old England international had to settle down for a yearlong stay at Stamford Bridge.
The former Arsenal defender has inked a one-year contract with Chelsea, which comes with an increment and various bonuses. Ashley Cole’s new contract will expire at the end of next season.
Ashley Cole, who was set to become a free agent at the end of the season, was linked to a number of top notch clubs from around Europe in recent weeks, such as Manchester United, Real Madrid, Barcelona, Paris Saint-Germain and Juventus.
Real Madrid and Paris Saint-Germain were the frontrunners for his signature. Ashley Cole would have entered the last six months of his contract after the January transfer window, which means the world class full back would have been allowed to directly negotiate a deal in the football market.
“I am pleased I will be starting my eighth season at Chelsea,” Ashley Cole told Chelsea’s official website. “I have great memories here and I enjoy coming to training every day. The staff are amazing and I enjoy training with the lads.
“I have been able to fulfill nearly all my ambitions at Chelsea. I have won the Champions League, the League, I have won FA Cups here but of course you don’t want to stop winning trophies and being at a big club, you are always fighting to win a trophy.
“Being here for seven years and being at Arsenal before that playing for trophies, you never lose that hunger. I wanted to stay at Chelsea because we are always fighting and challenging for trophies. That desire and the will to want to win things have not gone.”
Ashley Cole will play till the end of the 2013-14 season under his new contract. The left-back will enter a whole new phase of negotiations to extend his contract next season as Chelsea owner Roman Abramovich has made rule of giving players over-30 only one-year contracts.