Manchester United striker Michael Owen has signed a new one-year deal at Old Trafford.
Fears had grown that the 31-year-old would fail to land a new deal after falling behind Javier Hernandez in the pecking order with the 19-time league champions.
Owen won his first Premier League winners medal this season after making 17 appearances and scoring five goals, the last of which came during the final day victory over Blackpool.
“I’m delighted to have agreed a one-year extension to my contract. To play alongside so many great players, under an exceptional manager, and in front of so many incredibly passionate supporters, is a real inspiration. I can’t wait for next season to start," Owen said.
Sir Alex Ferguson said: "Michael has proved to be a top footballer. It’s unfortunate Michael didn’t get more opportunities but the form of Chicharito put everyone in the shade and his partnership with Rooney proved invaluable. I am delighted Michael is staying for a further year and we will look to give him more opportunities in the new season.”