The striker, 30, had said in March he could leave City in 2020, when his previous deal was due to expire, as he wanted to end his career at boyhood club Independiente in his native Argentina - where his family are still based.More news: Fitbit launches new enterprise platform for health and disease management
The former Barcelona manager added: "I am so happy we could extend his contract and keep him 10 years at one club".
The striker has handed City a boost by agreeing a one year extension to his contract. "This was the main reason I signed".More news: 5-star SC guard Josiah James commits to Tennessee over Duke, Clemson
"He has been so important to this club since his arrival in 2011 and he remains at the forefront of what we are want to achieve in the coming years", director of football Txiki Begiristain said.
Aguero has spent the last seven years with the Premier League champions, with a return of 204 goals in 299 appearances an all-time record for the club. The Germany worldwide was withdrawn at halftime and replaced by Leroy Sane.More news: Government calls off meeting with Pakistan at UNGA: MEA Spokesperson
"It's true that we've got a lot of young talent that in the future can make the difference", Aguero said. At the same time the youngsters are quite developed already, like Leroy Sane, Raheem Sterling, Bernardo Silva and Gabriel Jesus.
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