Everton manager David Moyes has ended speculation over his long-term future by signing a new five-year contract at the club.
The Scot had been in the final year of his previous deal and talks over an extension had rumbled on for some time.
However, the 45-year-old had often stated his intention to remain at Goodison Park and there were indications last week that a deal was imminent.
Moyes admitted discussions had been protracted but was delighted the details had now been finalised.
Moyes told the club’s website, www.evertonfc.com: “There have been many different things for different reasons but we are here now and the big thing for me is that I am at Everton, as far as I am concerned, for another five years and the job is to make us better than we have been.
“I am really excited and really pleased. I am pleased for everybody – I’m pleased for myself and my family who were desperate to get it signed and secured and it is always what I wanted to do.
“I have enjoyed my time here so far and I am looking forward to the next part as well. There is definitely a consistency at the club; players know what they are doing and staff know what they are doing.
“It’s a great football club and I am privileged to be the manager.”
Moyes’ deal is worth a reputed £3m a year.
Moyes left Preston to take charge at Everton following the sacking of Walter Smith in 2002.
Under Moyes Everton have twice claimed a place in the UEFA Cup as well as reaching the qualifying stages of the Champions League in 2005.
The Toffees, however, have made an indifferent start to the current campaign and Moyes recently admitted that uncertainty over his position may have unsettled the players.
Moyes added: “Since I took over six years ago, I think there has been an improvement and the job is that I want a similar improvement over the next five years or so.
“I want the ambition to be greater. I want the expectancy to be higher and I want Everton overall to be higher on the field and off the field. I am determined to try and take it forward.”
Moyes signed his new contract at the club’s Finch Farm training complex today.
Chairman Bill Kenwright said: “There have always been two people – myself and David – confident that the long term future of the manager would eventually be secured.
“The signatures of those two people are now on a contract.
“I am obviously very pleased that the contract, that I’ve always believed to be the most important contract, is now concluded.”