Ferdinand pens new deal

Manchester United defender Rio Ferdinand has ended doubts surrounding his future by signing a one year extension to his contract.

The news has been welcomed by incoming manager David Moyes, who has declared that he is “looking forward” to working with the 34 year old, who has just enjoyed a successful season with the Champions, resulting in him being named in the PFA Team of the Year.

The former West Ham United and Leeds United defender last week announced his retirement from international football having amassed 81 caps over twelve years with England.

Meanwhile, Bayern Munich have reportedly entered the race to sign Spain midfielder Thiago Alcantara..

The 22 year old, who has fallen down the pecking order at current club Barcelona, is also a target for United, who are looking to bolster their midfield following the retirement of Paul Scholes.

Elsewhere, the Daily Mail claim that Sir Alex Ferguson’s assistant Mike Phelan and coach Eric Steel are set to leave the club, as new manager David Moyes pieces together his backroom staff.

Ryan Giggs, Paul Scholes and Nicky Butt are all said to be being handed coaching positions as part of a new era at Old Trafford.

Phelan is reportedly keen on landing a managers role, and was linked with the Burnley job two years ago.