"It's nearly signed, nearly," Ferdinand told MUTV. "We are still talking over a couple of things but I'm sure it will be sorted out before the end of the season.
"It will be a proud day for me, definitely, when I do sign a new contract.
"I'm enjoying my time at United, I love being here and that's not changed.
"Being part of a successful team is great and to be part of the tradition that goes along with that is an honour in itself.
"To have the opportunity to stay here for another four or five years would be fantastic."