Park (left) is a crucial component of Manchester United's midfield
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Park Ji-sung has reportedly agreed a contract extension that will keep him at Manchester United until 2012.
The news, though not confirmed by the Old Trafford club, was announced in a statement by JS Limited, the agency that negotiated the new deal.
Park, 28, was a regular in United's 2008-09 winning Premier League season.
The South Korea international, who signed from PSV Eindhoven for £4m in 2005, has been a valuable option in manager Sir Alex Ferguson's midfield.
Ferguson said during the summer that he was always confident a deal would be done with Park, whose wages are estimated to be about £65,000 a week.
606: DEBATE
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The only Korean to hold a Champions League winner's medal, Park began his professional career in Japan in 2000, with Kyoto Purple Sanga.
Three years later he made his move to PSV Eindhoven, where in two seasons he scored 13 goals from 64 matches.
He has been on the scoresheet nine times for United in 87 appearances, and scored in each of the last two World Cup finals.
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