It was announced on 18 April 2008 that, along with Michael Carrick and Wes Brown, Ferdinand had agreed to sign a new five-year contract, worth around £130,000 a week, that would keep him with United until 2013. On 21 May 2008, Ferdinand captained Manchester United to a Champions League Final victory versus Chelsea. He accepted the trophy together with Ryan Giggs, as Giggs was the on field captain for most of the matches during that season during Gary Neville's absence due to injury.