Manuel Neuer has extended his contract with Bayern Munich through 2023 despite the arrival of Alexander Nubel from Schalke.

"Manuel Neuer is the best keeper in the world, and he is our captain," Bayern CEO Karl-Heinz Rummenigge told the club's website. "FC Bayern Munich are very happy and delighted that Manuel has prolonged his contract until June 30, 2023."

Neuer was not pleased when Bayern announced the free transfer of Nubel.

Sporting director Hasan Salihamidzic said the contract extension is a "win-win situation and that's what was very important to Manuel and to us."