The 31-year-old Serbian international penned a new deal on Monday which ties him to Sevilla until June 2011 and has a buy-out clause of 15 million euros.
"I am very happy to remain in Sevilla, because I had many offers this summer but I always preferred to stay here. Here I have my club, my team-mates, I feel at home and I want to remain here for a long time and win many titles," said Dragutinovic.
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