
Including an option for a further year, Farquharson is set to begin his third season in the Black Country after joining the club in the summer of 2023.
He has made twenty-four first-team appearances for the club, scoring once against Grimsby Town in a 6-1 victory in January 2024, but has struggled with injuries.
Speaking via the club's official website, Farq was delighted to pen a new deal, he said: "I'm really pleased to be staying with the club, and I'm looking forward to heading into my third season here now as a Saddler.
"There's some unfinished business I feel from last season because of the end we had.
"We all know it wasn't how we wanted our season to finish, but we have to use that as motivation moving forward.
"I had my own frustrations last season with my injury, but I'm determined to work even hard this year to make sure I make my contributions count even more, both on and off the pitch.
"The conversations with the Gaffer have been constant, and it made the decision even easier for me to sign, and I can't wait to come back in and get going again."
Image Credit: Walsall FC