Frank Lampard is set to remain at Manchester City until the end of the season after the club thrashed out a deal with New York City and had it ratified by the Premier League.
City had been locked in high-level with talks with the Premier League on Wednesday afternoon as they looked to secure Lampard's availability for the New Years Day match against Sunderland.
It is understood that the Premier League board have now granted their approval to the amendment of Lampard's deal and he is eligible to face Sunderland.
A club statement read: 'Manchester City can confirm that it has extended Frank Lampard's contract up to the end of Manchester City's season, enabling his participation in both domestic and European campaigns.'
Lampard has spent the first half of the season on a short-term deal at City after signing a pre-contract agreement with sister outfit New York City FC that was due to commence on January 1.
The two clubs have now reached an agreement that allows the midfielder to remain in Manchester. He remains a contracted Manchester City player and is not at this moment associated with the New York side.
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