Kyle Walker put pen to paper on a two-year contract extension that will keep him at Manchester City until 2024, the Premier League champions announced Wednesday.

"I'm thrilled to have signed a new deal," the right-back said. "Playing for City has been everything I'd hoped it would be and more.

"It was an easy decision. I want to be competing for trophies, playing at the highest level, and I feel I have improved hugely as a player during my time here.

"The club's vision - both on and off the pitch - matches mine perfectly and I’m looking forward to spending the new five years here, hopefully winning more silverware."

News of Walker's extension comes a day after City were linked with a lucrative move to sign right-back Joao Cancelo from Juventus in a transfer that could cost about £45 million.

The England international has appeared in more than 100 matches for City since coming over from Tottenham in 2017, when he became the world's most expensive defender by completing a £53-million transfer.

He has played a pivotal role in helping City win back-to-back Premier League titles, while also hoisting the FA Cup and the Carabao Cup during the club's treble-winning campaign last season.