Pizarro, 40, signs new one year deal at Bremen

"We have agreed a deal with Claudio and will sign a contract in the coming days," said Bremen managing director Frank Baumann.

Pizarro, 40, returned for a fourth spell at Bremen at the beginning of this season, having first joined the club in 1999. He has spent the best part of the last two decades playing for either Bremen or Bayern Munich, and also spent brief spells at Chelsea and Cologne.

An icon at both Bremen and Bayern, he has scored 196 goals in 471 Bundesliga appearances.

"I always said I would let my body decide whether I continued playing or not. I feel good, so I am looking forward to another year at Werder," said Pizarro.