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The German goalkeeper made 20 appearances in all competitions last season, with his one-v-one save to deny Son Heung-Min in our penultimate Premier League game away at Tottenham a crucial moment as City made it a record fourth title in a row.
He also appeared in every round of the FA Cup as City reached a second-successive final.
Since his arrival in Manchester back in July 2022, he has made 34 appearances, winning two Premier League titles, one FA Cup and one Champions League.
“I am delighted to be staying at Manchester City for longer,” Ortega Moreno said.
“This is a football club that provides players with everything we need to be our best. Every single day I feel motivated and challenged, and I have improved as a goalkeeper since coming here two years ago.
“My family are really settled here in England… I love everything about it here.
“Signing this deal means I can now focus 100% on next season and beyond.”
Director of Football Txiki Begiristain believes Ortega Moreno’s extension is a significant moment for City.
“This is a crucial contract extension for Manchester City,” he said.
“Stefan is the best No.2 goalkeeper we’ve ever had, providing us with quality, stability and experience.
“He is such a talented ‘keeper – our goalkeeping coach Xabi Mancisidor tells me all the time how good Stefan is.
“He is very skilled and it’s clear that since his arrival here he has contributed significantly to our success.
“Hopefully he can now enjoy his summer and come back fresh and ready for the 2024/25 season.”
Ortega Moreno joined City in the summer of 2022 on a free transfer after his contract at Arminia Bielefeld expired, having made 220 appearances across two different spells at the team he joined as a youngster in 2007.
He made his first-team debut four years later, before helping them win promotion to 2. Bundesliga in 2013.
He joined TSV 1860 Munich in 2014, making 64 appearances in three years there, before re-signing for Arminia Bielefeld in 2017 and eventually becoming vice captain.
After moving to City, he gradually established a reputation as one of the finest goalkeepers in the English game, one comfortable with the ball at his feet and able to handle high-pressure situations.