Sir Alex Ferguson is being seen as the hero of the hour as Wayne Rooney is persuaded to stay on at Manchester United - but pundits say it will cost their relationship.
Sports writer Neal Collins told Sky News: "Suddenly Sir Alex is a hero again. He needs to come out and take very deep bow on the steps of Old Trafford.
"From where I'm standing, Sir Alex Ferguson has backed the Glazers (Man Utd owners) right into a corner and said to them 'we've got to pay top dollar and finally reassure Rooney and the rest of the players and fans that we've really got the money and the clout to be one of the top clubs in the world'.
"That's what they've done in one fell swoop."
The News of the World's Paul McCarthy said: "I don't think they'll have gone anywhere close to what Manchester City would have offered - I think it will be between £160,000 and £170,000 a week.
"I think there'll still be a huge bonus scheme built into the deal - and he deserves it - he is the outstanding English player, despite some dreadful form recently.
"This is fantastic news for Manchester United, though I have to say I'm not sure the relationship between Sir Alex Ferguson and Rooney will ever be the same again."
Mick Dennis, of the Daily Express, said: "This is a master stroke by Fergie, and also, I guess, by Wayne's agent, because there must have been a monetary readjustment.