as reported by the official website of the Italian champions, the forward extended his contract with his club for four years. Shevchenko's current agreement with "Milan" expires in 2005, reports RIA "Novosti". \nThus, London's "Chelsea" suffered a defeat in its attempts to acquire the Ukrainian. \nRecently, "Chelsea" owner Roman Abramovich personally began negotiations with Shevchenko, refusing the services of intermediaries in order to speed up the acquisition of the forward. The sum he offered the Italians for the former player of Kyiv's "Dynamo" was 20 million pounds sterling. \nas reported by the publication "Gazzetta dello Sport", on Thursday Abramovich was intending to travel to Milan for negotiations with the leadership of the Italian champions, however now, after the extension of Shevchenko's contract, this trip is unlikely to take place. \nIn the past Italian championship, the Ukrainian became the top scorer with 24 goals. \n \n