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The 34-year-old has spent his entire career at Old Trafford and made his debut against Torpedo Moscow in 1992.

Neville joins fellow veteran Ryan Giggs in signing a new deal at the club.

“Manchester United is the only club I wanted to play for so I am delighted to sign for another year,” he told the club’s official website.

The full-back has been plagued by injury for the past two seasons and spent 13 months on the sidelines with an ankle problem.

However, despite the emergence of young Brazilian full-back Rafael in his absence, United boss Sir Alex Ferguson was keen to tie Neville to the club.

Neville has started nine Premier League games so far this season, featuring in a further three as substitute, and has also played three times in the Champions League.

Since breaking into the first team in the early 1990s, Neville has made 565 appearances for the club and Ferguson says the new deals for both him and Giggs are vital.

“Gary, Ryan and Paul Scholes are the spirit of Manchester United and so we are delighted that Gary has signed for another year,” said Ferguson.

“He is a true professional and I admire how he has overcome an injury which kept him out for over a year, returning as good as ever. He deserves this new contract and we are very happy to have him here.”

There’s not much mention of team news however in this morning’s back pages, but there is a few more questions raised over Rafa Benitez’s new contract.

Earlier this week it was reported that the Spaniard is all set to put pen to paper on a new deal to stay at the club, after convincing the club to give him more power regarding transfers. However, this morning’s broadsheets suggest this may not be the case.

Ian Herbert of The Independent says Benitez will remain in the shadows regarding transfer policy, much to his frustration.

Hicks and Gillett apparently insistent that they will expect to take each request for a player on merit, this summer. It was the Americans’ decision that £18m was too much to lay out on Gareth Barry which has been a source of such rancour to Benitez, though the Spaniard’s original estimate of the Aston Villa midfielder’s value – at least £6m less – contributed to a belief shared by both owners that the Midlands club’s demands were unrealistic as the process drew out.

There’s also contrasting rumours from Anfield on whether Benitez will have more of a say in the club’s youth system and academy, thought to be high on his agenda when negotiating a new contract. Herbert continues:

There are conflicting views on whether control over Liverpool’s youth academy is the outstanding issue to be resolved before Benitez signs his new deal. Sources within the club suggest that control over the academy has never been realistic and is not an issue, though others suggest that the Spaniard is intent on being allowed to oversee that side of the club’s overall development.

The Times report that Benitez still has a couple of issues to iron out before signing the new contract. One being the assurance that his coaching staff will be offered new contracts as well, and that negotiations on new deals with several top players will progress faster.

All parties hope that the contract saga will be resolved imminently, but Benítez has asked the board to guarantee job security for his various assistants, most of whom have only months to run on their contracts at Anfield.

Benítez also remains concerned about the lack of progress in negotiations over new contracts for Daniel Agger, Álvaro Arbeloa and Dirk Kuyt, whose deals expire at the end of next season.