Updated

Madrid, Spain (SportsNetwork.com) - Xabi Alonso and Real Madrid have come to an agreement over a contract extension that ties the Spaniard to the club for another two years.

The 32-year-old had drawn interest from a number of clubs across Europe with his former deal set to expire in June.

Juventus, PSG, Chelsea, Manchester City, Manchester United and Liverpool were believed to have expressed an interest in the Spain international, but he is now tied to Madrid until June 2016.

"This will continue to be my home for two more years. A pleasure to let you know. Very, very happy," read a statement that Alonso released via his twitter account.

The club also confirmed the news with a brief statement, saying: "Real Madrid communicates the extension of the contract linking Xabi Alonso with the club for two more seasons, until June 30, 2016."

Alonso joined Madrid in the summer of 2009 from Liverpool for $40 million and has helped the club win a La Liga title, one Copa del Rey and a Spanish Supercup.