Juventus President Andrea Agnelli has given the green light for Gigi Buffon to be handed a new contract.
According to the Gazzetta dello Sport, the custodian will commit his future to the Bianconeri until the summer of 2016.
The 34-year-old, a doubt for this weekend’s game against Napoli because of injury, has less than a year left on his present agreement.
As part of the new terms, the Italian international will accept a cut in his salary from €6m a term to around €4.5m.
Buffon is now the captain at club level, as well as international level, following the departure of Alessandro Del Piero in the summer.