Moutinho extends Sporting stay

Portuguese ace staying at Estadio Jose Alvalade

Moutinho: One-year extension

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Everton target Joao Moutinho has signed a contract extension with Sporting which will keep him at the club until the summer of 2014.

The Toffees were strongly linked with a move for the 22-year-old last summer and reportedly had a £11.8million offer rejected.

Moutinho had been contracted to the Lisbon outfit until 2013, but has now put pen-to-paper on a one-year extension.

His contract now includes a whopping €22.5million (£20m) release clause should an interested party wish to hold transfer talks.

Sporting are currently second in the Portuguese Liga, four points adrift of league leaders Porto.