Chelsea Captain John Terry penned a five-year-deal that will keep him at Stamford Bridge until 2012. The 26-year-old defender was in talks with Chelsea over the past few months but the discussions were stalled until the affair saw daylight during the Los Angeles tour a few weeks ago. "I'm really happy this has now been concluded," Terry was quoted saying on the club's official website. "There has been a lot of speculation but these things take time and I never had doubts that I wanted to stay at Chelsea and that the club wanted me to stay. "I hope the fans can see that we are all trying to build something special here, both for now and for the future, and I want to be a part of that. I have been at Chelsea all my career and have the privilege of being captain. "Now it's time to look forward to the new season which we are all very confident about." Chelsea chief executive Peter Kenyon was delighted that the deal was concluded especially that Terry is an inspirational player for the Blues. "This is an important day for Chelsea. This was the right deal for us and for John," said Kenyon. "As a club we are committed to try and keep our players together on long term deals and this was a natural progression from last season when other players also committed themselves for the long term. "As captain, John is clearly a key player for Chelsea and also a great symbol of the club so naturally we are pleased this has been agreed." Terry has been a key figure in Jose Mourinho's squad over the past few years. His absence for injury was very notable as the defense failed to prove its impermeability.