Totti to play with Roma until he is 40 years old
The World Cup winner’s contract is due to expire at the end of the season, but the suggested new deal will run up until 2016, though any agreement will be announced once Roma president James Pallotta returns to Italy from America.
According to La Gazzetta dello Sport, the key meeting took place on Thursday in Rome and involved Totti’s representative Adolfo Leonardi and Roma director general Mauro Baldissoni.
Totti, who will turn 37 later in September, will have his salary cut from €4.5 million a season to €3.2 million as part of the new deal.
Also part of the contract is for Roma’s No. 10 to move into the boardroom once he retires from football.
The Roman born player will also be given a five-year contract to be a club ambassador when he stops playing, a role which will see him earn €600,000 a year.
Totti has just begun his 22nd Serie A season with the Giallorossi after starting his career with the club. So far he has scored more than 200 goals in over 500 League appearances for his beloved side.
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