Rangers captain David Weir has agreed a new one-year deal with the Scottish champions.

The defender, 40, will spearhead the Ibrox side's bid for a third successive Clydesdale Bank Premier League title. Weir was named player of the year by both the Clydesdale Bank Premier League and the Scottish Football Writers Association last term.

The news that he will remain for a fourth season with the Glasgow giants follows manager Walter Smith`s decision to sign on for another year last month. Rangers chief executive Martin Bain told the club's official website: "I'm delighted to announce that Davie Weir will be with us again next season.

"We were always hopeful that he would agree to play in the 2010/11 campaign and we have now concluded a deal to that effect. It's great news for everyone because there is no doubting his importance to the team and his influence on those around him.

"Davie's professionalism and leadership qualities make him a superb role model and there is little doubt that he has become a great Rangers captain. It's remarkable to think that Walter signed him initially in January 2007 as a stop-gap measure to steady the defence.

"Now here we are, three and a half years, six trophies and a European final later and Davie is still as important as ever. He did not miss a minute of our Championship campaign last season which is testimony to the terrific condition he keeps himself in."

Bain also assured fans Rangers have no intention of selling fellow defenders Madjid Bougherra and Danny Wilson this summer. Bougherra has been linked with Arsenal and Hamburg following his efforts with Algeria at the World Cup, while Liverpool expressed an interested in 18-year-old Wilson last season.

Bain added: "The fans are probably fed up reading about speculation over Madjid Bougherra but I can categorically state that it is not our intention to sell him. He still has two years left of his contract with us and we certainly hope he is with us for the start of the new season.

"Danny Wilson is also under contract for another season and although he has turned down a new contract with us, he remains our player. We want to have as strong a squad as possible for the new campaign and having both of these players will undoubtedly give us good strength at the back.

"I said at the end of May that we do have a budget for the recruitment of new players - and clearly we need to bring new players in given that we have lost a number of our first team squad. Walter and his backroom team are now charged with finding the right players and we are confident that they will do that."