AC Milan defender Thiago Silva has ended any speculation about his departure from the San Siro on Monday by signing a new contract that ties him to the club until June 2017.

The 27-year-old has become one of the most highly regarded defenders in Italy after moving to Milan from Fluminense in 2009. And despite the fact that Silva was linked with moves to both PSG and Barcelona, he has decided to commit his future to the Rossoneri.

A statement from AC Milan read: "An important decision (has been) taken in difficult times and faced with a unique economic proposal. Thiago Silva is not simply a champion who tackles and wins back the ball, who, with his teammates, wins, draws or loses the match. Thiago Silva himself embodies the class and style of Milan, the charisma of a club that loves the game but also the result and behavior.

"And so his stay with the Rossoneri, decided by president Berlusconi, preserves the Milan identity."

Silva played a major role in Milan capturing the 2010-11 Serie A title, and he started 27 games in the league for the club last term, netting two goals as Milan finished second to Juventus.