Chelsea have announced Frank Lampard has signed a one-year contract extension at Stamford Bridge.
Lampard's future at the club had been uncertain, with his previous terms in west London due to expire this summer.
Speculation had linked the midfielder with a move away from the side he joined from West Ham in 2001, with a switch to the United States mooted.
But, after lifting the Europa League trophy on Wednesday night, the England international has put pen to paper on a new deal that will keep him at the Blues until 2014.
The 34-year-old told Chelsea's official website: "'I'm absolutely delighted. Everybody knows I always maintained the dream was to stay at Chelsea. We've been talking for ages and even though it went on for quite a period it was always amicable.
"I want to thank Mr Abramovich for everything he's done in making the dream a reality. I love this club, the staff, the players and especially the supporters, who have treated me fantastically since the day I arrived.
"The thought of helping the club to more success in the forthcoming years is all I ever wanted. I couldn't be happier."
Lampard became Chelsea's all-time top goalscorer as he netted his 202nd and 203rd goals for the club to break Bobby Tambling's record in a 2-1 win over Aston Villa that secured Champions League qualification.
The Blues signed Lampard for £11 million from the Hammers 12 years ago, and he has since gone on to lift three Premier League titles, the FA Cup four times, the Champions League last season and, most recently, the Europa League this week.
Chelsea chief executive Ron Gourlay said: "Frank has been an important player for Chelsea Football Club for a long time and has played a significant part in the club's success.
"We have been talking to him since the end of last year and our discussions have been entirely positive throughout. We are delighted we are now announcing an extension to his contract which will keep him at the club until 2014."