Luka Modric has signed a one-year contract extension to keep him with Real Madrid until June 2023, the LaLiga club have announced.

"I'm very happy and proud to continue at least one more year in Real Madrid," he said in a video posted on the club's Twitter account.

"I want to continue to give everything for the club – I am proud to continue wearing this shirt."

Veteran Croatia midfielder Modric has scored 31 goals in 436 appearances for European champions Real since joining from Tottenham for a reported £31.5 million in 2012.

Following last month's 1-0 victory over Liverpool in Paris, the 36-year-old has won the Champions League five times during his decade at the Santiago Bernabeu.

He has also won the La Liga title on three occasions, including in the season just finished, in addition to three UEFA Super Cups, four FIFA Club World Cups and one Copa del Rey.

(With input from AP)