The Telegraph
Wednesday , May 14 , 2014
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Rio bids adieu to United


London: Rio Ferdinand is to leave Manchester United after being told by incoming manager Louis van Gaal that he will not be offered a new contract.

The former England captain, issued a statement late on Monday which spoke of his “12 fantastic years” at Old Trafford and held out the prospect of continuing his career at another club.

“I have thought long and hard over the last few months about my future,” he said, “and after 12 fantastic years playing, for what I regard, as the best club in the world, I have decided the time is right for me to move on.

Meanwhile, Jose Mourinho began the process of reshaping his Chelsea squad for next season when David Luiz agreed terms with Barcelona over a move likely to be worth almost 30 million after the World Cup finals.

Mourinho has been quick to make use of the proceeds of the Luiz sale. It was reported late on Monday that the club had agreed a 32 million deal with Atletico Madrid for Diego Costa, their striker. Chelsea had previously been linked with Mario Mandzukic of Bayern Munich.

Chelsea captain John Terry has also signed a new one-year contract, the Premier League club said on their website on Tuesday.

“I’m delighted to have signed an extension to my contract with Chelsea taking me into my 20th year with the club,” he said. “I’d like to thank the fans and club for their continued support, and the manager (Jose Mourinho) who was instrumental for me last season.”