Former Italy forward Alessandro Del Piero has announced he will activate the second year of his two-year deal to remain with Sydney FC.
Overseas clubs were reportedly lining up bids to tempt Del Piero away from the Harbour City, but the 38-year-old and his family wanted to extend their stay.
"I am very happy to be staying at Sydney FC for another season," Del Piero said. "I chose Sydney FC at the beginning of this season because I wanted to show my love of football in another country and I have enjoyed the challenge and my time at Sydney FC and in Australia."
Football Federation Australia chief executive David Gallop said Del Piero's decision to stay was a huge boost for Australian football and the A-League.
"If he'd gone just one season then people may have questioned how he felt about the A-League," Gallop said.
"This is very much him saying he had a great experience and he wants to have it again."
Del Piero has scored 11 goals this season to revive his team's finals hopes.
The decision to stay and activate the second year of his $2 million per season deal was met with delight by Sydney FC Chairman Scott Barlow, who told the club's website: "I am delighted to announce that Alessandro Del Piero will continue to be a Sydney FC player for the 2013-14 season.
"His performances on the field have been tremendous, highlighted by him becoming the leading goalscorer for Sydney FC in a single season, but off the field he has also delivered unprecedented interest and profile for Sydney FC across all levels of the club.