Rafael Benitez has agreed to stay at Newcastle and lead the fight for promotion back to the Barclays Premier League, the club have confirmed.
The 56-year-old Spaniard has signed a new initial three-year deal after opting not to exercise the release clause in the contract he signed in March to protect him in the event of relegation, and will have day-to-day responsibility for all football-related matters.
Benitez said: "I am extremely pleased to be staying at Newcastle United. The love I could feel from the fans was a big influence for me in my decision to stay, as was my relationship with [managing director] Lee Charnley and all the staff.
"This is a huge club and I wanted to be part of the great future I can see for Newcastle United."
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Source: PA-WIRE
