Manchester City Football Club are pleased to announce that a new contract has been agreed with manager Roberto Mancini.

The deal, which runs until the Summer of 2017, follows the Club's most successful season in more than four decades, which concluded in the most dramatic of circumstances in the team’s thrilling 3-2 win over Queens Park Rangers in May this year. Agreement was reached after, in line with Club policy, discussions began as the season closed.

Talking of the agreement, Roberto Mancini declared:

"I am delighted to be able to give all of my efforts to Manchester City for a further five years.  The opportunity which exists to build on our recent success is enormous. Manchester City is a fantastic football club, from the owner, chairman, Board and the executive team, through to the players, staff and fans.  

"I am very much looking forward to the challenges and excitement ahead."

Interim Chief Executive Officer John MacBeath said:

"Roberto’s managerial credentials have been well proven in Europe for many years and in leading a team which has won the FA Cup and an unforgettable Barclays Premier League title in successive seasons, his ability to manage in the English domestic game is also undisputed. 

"This new agreement allows Roberto to focus on the challenge of guiding a team which is capable not only of defending the Premier League title, but one which can compete for European honours."