Arsene Wenger has extended his contract with English club Arsenal by three years and will stay on till 2014.
Wenger's contract with the the club is also likely to be his last in his managerial career. He told The Observer last week that he doesn't want to continue with football management after the age of 65.
"My heart belongs to Arsenal and my desire is to see this team win silverware," said Wenger in a statement released by the club.
"My commitment and drive are as strong and fresh as ever. Signing a new deal means that I can see this talented group of players reach their potential. Trust me, they are ready to deliver. With my staff and players we are in front of an exciting challenge and we are looking forward to achieving much success," he said.
Arsenal chairman Peter Hill Wood welcomed Wenger's decision to carry on with the club.
"We are thrilled that Arsène has signed an extension to his contract. He has masterfully transformed this football club over the last 14 years and the exciting and compelling football we play under his stewardship is admired the world over," said Wood.