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The left-back looked set to leave the club with his contract expiring in the summer, with Paris Saint-Germain a touted destination, but has now committed to the Blues until 2014

Chelsea left-back Ashley Cole has agreed a new one-year contract extension with the club.

The defender had looked set to leave Stamford Bridge in the summer, with Paris Saint-Germain widely tipped as a possible destination. However, the 32-year-old will now extend his stay in west London.

"I am pleased I will be starting my eighth season at Chelsea. I have great memories here and I enjoy coming to training every day. The staff are amazing and I enjoy training with the lads," Cole told the club's official website.

"I have been able to fulfil nearly all my ambitions at Chelsea. I have won the Champions League, the League, I have won FA Cups here but of course you don't want to stop winning trophies and being at a big club, you are always fighting to win a trophy.

"Being here for seven years and being at Arsenal before that playing for trophies, you never lose that hunger. I wanted to stay at Chelsea because we are always fighting and challenging for trophies. That desire and the will to want to win things have not gone."