Zlatan Ibrahimovic has reportedly agreed a new one-year deal worth €7million (£6.17m) to stay at AC Milan.
Sky Sport Italia revealed the 38-year-old striker has agreed a contract without any bonuses but a fixed salary.
It comes just 24 hours after his agent Mino Raiola branded reports of a deal as ‘fake news’.
The Swede had not returned to Milanello when the rest of the squad started the preparations for 2020-21, waiting for the definite agreement with the Rossoneri.
The 38-year-old made a massive impact after his return in January and technical director Paolo Maldini had already confirmed he had made Ibra’s renewal his priority.
Zlatan contributed 10 goals in 18 Serie A games since his return and will help the club build on their 13-game unbeaten run when the Italian League resumes on September 19.