Manchester United are preparing to offer Rio Ferdinand a new one year contract extension that will keep him at Old Trafford until 2014 – but will only offer him half his current wage packet.

The 33-year-old has been at Old Trafford since his £30 million switch from Leeds in 2002, and has made over 400 appearances under Sir Alex Ferguson.

However injury has blighted the Manchester United defender’s career in recent years, with a persistent back complaint limiting his ability to play back to back games and seemingly helping to curtail his England career.

Today Sir Alex Ferguson has confirmed both Ferdinand and Patrice Evra will both be rested for the Red Devils Champions League tie against Braga this week with an eye on their crucial game against Chelsea at the weekend.

Ferdinand’s current deal at Old Trafford expires at the end of the season and, according to, United are keen on ensuring he stays with the club for a further year, but are unwilling to maintain his current £120,000-per-week wage.

The website report contract talks are due to begin in the new year, and that Ferdinand will be offered a package of around £60-70,000-per-week, almost half his current earnings.

The move comes as Ferdinand enters the twilight of his career, with Manchester United maintaining their policy of not handing lengthy contracts to players the wrong side of 30.

Ferdinand and Sir Alex Ferguson had a very public falling out this week as the Red Devils defender refused to wear an anti-racism ‘Kick it out’ t-shirt before Manchester United’s win against Stoke on Saturday, less than 24 hours after Ferguson had insisted all his players would wear one.

The Scot was adamant after the game that Ferdinand would be punished for his actions, but today insisted the issue was resolved and was down to a lack of communication.

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