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He was given the captaincy as a show of loyalty from his manager and Pardew expects Reid to be there for the season.
He told the Addicks Website
"I've certainly got an agreement with Andy Reid that he will stay here a year and one of the reasons I gave him the captaincy was to have that promise from him.
"I think he is an honourable person and I've got nothing written down and don't need anything in terms of a contract for that.
"He's made me that promise and I've promised him I'm going to look after him and make sure he plays."