Lahm extends contract until 2016

Things have been going far from perfect for FC Bayern Munich in the Bundesliga so far, then the speculations about Bastian Schweinsteiger's possible departure and then the spat between the president Uli Hoeness and coach Louis van Gaal. But there are also some positives like Bayern's four victories out of four matches in the UEFA Champions league, a first for the club.

But there is good news for the club and their fans as Philipp Lahm has decided to extend his contract until summer 2016 with the Bavarian giants. The Germany captain had a contract until summer 2012, but he is happy at the club and wanted to stay in his home town rather then join another major European club.

"We have reached an agreement with Philipp Lahm about a contract extension until the summer of 2016. He will sign the new deal in the upcoming days," Bayern chairman Karl Heinz Rummenigge was quoted by Germany's Bild tabloid.

After verbally agreeing to extend his contract at Bayern, Lahm seems to have decided to play his entire top class career at Bayern Munich then in summer 2016 he would be aged 32. The Bayern Academy product has been at the club since he was 11 and he is regarded as one of the best right & left backs in world football.

The focus of the bosses at Bayern will shift to renew the contract of midfielder Schweinsteiger too. Like Lahm he has a contract until 2012 and the management would surely want to kill the speculation that has been surrounding Schweinsteiger for a while with especially Real Madrid, Manchester United, Chelsea and Manchester City showing real interest.