Although Ferdinand has been linked with a lucrative move abroad, it has been obvious for some time that his future lay at Old Trafford. He has spoken openly about his future hopes for the club and last week called time on his England career in a clear attempt to extend his availability for United.
And despite the retirement of Sir Alex Ferguson, Ferdinand had no hesitation in signing another deal for next term, when he hopes to land a seventh Premier League title. "Who wouldn't want to play in this fantastic team in front of 75,000 fans every week?" said the 34-year-old defender. "It has been an incredible journey and I am glad it will continue."
Ferdinand added: "I can now fully concentrate on my club career, which has worked well for me over the past few years. This is a great team to be part of and we are now moving into a new era, which is very exciting.
"I have met with David Moyes and I am really looking forward to working with him and winning many more trophies with this great club."
Although there has been no official confirmation, it is anticipated there will be a testimonial for Ferdinand at some stage during the summer, although an opponent is yet to be agreed.
Whilst the deal itself is hardly a surprise, it is significant in that it was agreed with Ed Woodward, who will take over as chief executive from David Gill in the summer, and had to be ratified by Moyes before finally being completed.
It underlines the vast change taking place at Old Trafford, with both men amongst the rookies in United's tour party when it leaves for Australia and the Far East in July.
Only Javier Hernandez will miss the trip as he is required for Confederations Cup duty with Mexico in the summer. Shinji Kagawa will also be involved for Japan, although as United are due to play two tour games in the midfielder's homeland it would be a major surprise if he did not make some sort of appearance.
"It is clear for everyone to see that Rio has had one of his best seasons with the club," said Moyes. "Even from the outside you can see what a big character Rio is around the dressing room. I am delighted he has signed a new contract and I am looking forward to working with him."
Source: PA
Source: PA