Ibrahimovic extends contract with AC Milan by one year

Swedish veteran, Zlatan Ibrahimovic, has signed a new 12-month deal with Serie A champions AC Milan, according to the Italian side.

The 40-year-old’s previous contract expired earlier this summer, but negotiations for an extension were already well under way at that point, and Ibrahimovic’s renewal with Milan was always a matter of when rather than if.

Finally, that details have been revealed, as Milan announced on their official website: “AC Milan is pleased to announce that it has concluded an agreement for the right to sports performance of Zlatan Ibrahimovic. The Swedish striker has signed a contract with the Club until 30 June 2023 and will continue to wear the Rossoneri number 11 shirt.”

Ibrahimovic is thought to have agreed to a considerable pay cut to stay with Milan longer, in part because he will not likely recover from a knee injury until January 2023.

He made 11 starts in Serie A last year, and he will ultimately be back to provide insurance for a forward line that already features Olivier Giroud, Ante Rebic, Rafael Leao, and summer acquisition Divock Origi, who signed on a free transfer from Liverpool.