AC Milan have finally ended Paris Saint-Germain's hopes of signing Thiago Silva by persuading the Brazilian to sign a new deal at the San Siro.
PSG saw several bids for the commanding centre-half rebuffed last month, and I Rossoneri have now convinced him his future lies with them. Silva has signed a five-year deal which ties him to the club until June 2017.
His decision to stay is a major coup for the club as they look to reclaim the Serie A crown they lost to Juventus last season.
A Milan statement added: "An important decision has been taken in difficult times and when faced with a unique economic proposal.
"Thiago Silva is not simply a champion who tackles and wins back the ball, who, with his team-mates, 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 behaviour. And so his stay with I Rossoneri, decided by president Berlusconi, preserves the Milan identity."
Silva, 27, joined Milan from Fluminense in the summer of 2009 and has since developed into one Europe's most coveted defenders.