Scholes signs on for one more year

Alex Ferguson has confirmed veteran midfielder Paul Scholes has signed a one-year contract extension with Manchester United.

After abandoning his retirement in January, there had been some speculation that the 37-year-old was deliberating whether to extend his career by an additional season. However, speaking at last night’s Manchester United Player of the Year dinner, Ferguson said: “It has been done. He is staying.”

The United boss is convinced the midfielder can have a similar impact next season after he almost managed to guide the Red Devils to the title following his comeback.

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