John Terry signs new one-year deal at Chelsea after taking big pay-cut

Terry was offered a deal worth significantly less than his £150,000-a-week salary while he will no longer be a first-team regular.

His head was turned by offers in China but the 35-year-old has decided to stay following discussions between him, new boss Antonio Conte, Roman Abramovich and the board.

The news was announced on the official club website this morning.

A statement read: “Chelsea Football Club is delighted to announce John Terry has signed a new one-year contract.”

Captain Terry paid tribute to the Stamford Bridge fans after penning the deal.

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