The news item is shown below. Red News VIPs can scroll down and enjoy. (VIP is £14.00 a year, includes full access to chat forums + free mag). Otherwise you'll need to click read more.

As a Red News VIP. You see the news all in one go, on one scrollable page with each item show in full without having to click read more, plus being a VIP gives you other benefits too ... access to forums, a free fanzine and more ...

Statement from MUFC

Manchester United is delighted to announce that Andreas Pereira has extended his contract; which will keep him at the club until June 2019 with an option to extend for a further year.

Pereira, 21, has been at the club since the age of 16 and has played at every level from Under-18s right through to the first team. He will spend this season on loan to La Liga side Valencia.

Jose Mourinho said: "Andreas is already a very good footballer. He is a young player with great natural ability and a good attitude towards continuing his development. I have no doubt that he has the potential to be one of the future great players of this club."

Andreas Pereira said: "I am delighted that I have extended my contract with this great club. The manager is building a great team here and I want to be part of that as soon as possible. I am going to continue my development at Valencia this season in the hope that I will get plenty of minutes on the pitch. I would like to thank the manager for his help and guidance and for the faith he has shown in me."