Steven Gerrard has agreed a new two-year contract that will keep him at Liverpool beyond his 35th birthday, reports ESPN.
The midfielder, who has been at the club since his career began, is expected to sign the new deal before the team travel on their pre-season tours of the Far East and Australia.
He had one year remaining on his current contract, but negotiations began at the end of the 2011-12 season, and manager Brendan Rodgers has been determined to keep his captain, particularly with the retirement of long-serving defender Jamie Carragher.
Next season will be the sixteenth in which Gerrard has been involved, and he has made 625 appearances for the Anfield club since making his first-team debut in 1998.
The only time the 33-year-old has ever come close to a move away from Merseyside was in 2005, amid interest from Chelsea, but he eventually decided he wanted to stay at his boyhood club.
Securing his services will soften the blow for his club after they missed out on Henrikh Mkhitaryan, after Shakhtar Donetsk rejected a £20m bid for the Armenian. The next priority will be holding on to their Uruguayan striker Luis Suarez.
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