David Silva has signed a new five-year contract at Manchester City committing the Spanish international to the club until 2017, The Daily Mail reports.
The deal is reportedly incentive based, with Silva receiving a basic salary of £120,000 a week, but could earn a similar amount to the top earners at the club, such as: Carlos Tevez and Yaya Toure by performing consistently.
Silva is into his third season at City since arriving from Valencia in 2010 and has seen off the likes of Adam Johnson to become a mainstay at left midfield for Manchester City.
He said: “I’ve been here for two years now and I feel very happy here at the club, in the city and with all the people.
“So now I’m delighted to be extending my contract and being here really does feel just like home for me.”
The 26-year-old has won the FA Cup and the Premier League in his first two seasons at City and attracted interest from Real Madrid, who were keen to know if any contract talks broke down.
But a move back to Spain now appears to be dead in the water and Silva highlighted the impact of the fans in determining his decision to stay at City.
“The fans have always given me their support since I arrived here, and recently they’ve been wanting me to sign, so hopefully this goes someway to thanking them for the affection they’ve shown towards me, something which also helped me decide to put pen to paper”, he claimed.