Oakley signs new Foxes deal
Leicester captain Matt Oakley has agreed a one-year contract extension to keep him at the Walkers Stadium until 2012.
The midfielder has mainly been used as a bit-part player under Sven-Goran Eriksson this season, but the Swede was keen to retain the services of the club captain for at least another season.
"I am very happy that we have agreed an extension with Matt," Eriksson said. "He is not only a good football player, but he is an excellent professional.
"It is important for us to have people like Matt around the club, especially as we often have a young team out on the pitch. He has a positive influence on his colleagues and his experience in the game will be invaluable for us."
The 33-year-old has made 140 appearances for the Foxes since joining from Derby County in January 2008, and insists the club's ambition persuaded him to extend his stay at Filbert Way.
"With the ambition of the owners, the vision of the manager and the talent in our squad, it seems only a matter of time before we achieve our ambition of Premier League football and I'm delighted I'll have the opportunity to continue to be part of the journey."