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David Silva Signs 5-Year Contract Extension

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MANCHESTER, ENGLAND - AUGUST 19: David Silva of Manchester City takes and misses a penalty kick during the Barclays Premier League match between Manchester City and Southampton at Etihad Stadium on August 19, 2012 in Manchester, England. (Photo by Michael Regan/Getty Images)

Manchester City midfielder David Silva has signed a new five-year deal worth £120,000 per week, keeping him with the Premier League champions through the 2016/17 season.

David Silva has been one of Manchester City's best players over the last few seasons, and according to the Guardian the defending champions have rewarded him for his contributions with a new five-year deal worth a reported £120,000 per week. With the FA Cup and Premier League title secured in his first two years at the club, next up, apparently, is the Champions League:

I'm very pleased because I've been here for two years now and I feel very happy here at the club, in the city and with all the people.So now I'm delighted to be extending my contract and being here really does feel just like home for me.

We've won the Premier League title and two other trophies too, and the team is growing and we are now aiming at the Champions League and so that also is another reason to want to stay here and try and win it.

It's interesting to note the wage disparity between signing like Silva and Vincent Kompany, who recently penned a contract extension himself, and the reported (and much higher) wages that players like Sergio Aguero, Carlos Tevez and Yaya Toure are pulling in. Managing that team must be very, very interesting.

                                                                                                                                                                                                               

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