Brian McDermott signs new contract at Reading

 

Reading manager Brian McDermott today signed a new three-and-a-half-year contract in a move which looks to have ended Wolves' chances of taking him to Molineux.

The npower Championship club have announced McDermott, who was operating under a 12-month rolling contract, has committed himself to the Madejski Stadium until the summer of 2015.

Wolves had identified McDermott as a potential candidate to replace the sacked Mick McCarthy but those hopes have now been dashed.

Reading, in a statement, said: "We are delighted to announce that manager Brian McDermott has this afternoon agreed a new contract to keep him at Madejski Stadium until the summer of 2015.

"Brian is one of the brightest managers outside the Premier League, and it is a major coup for the club to have secured his services for another three and a half years.

"Since the announcement of potential investment from Thames Sport Investment Ltd, securing Brian on a long-term contract has been one of Sir John Madejski and Anton Zingarevich's top priorities.

"With speculation this week linking our manager to the Premier League, the timing of this agreement is absolutely perfect for our club."

McDermott replaced Brendan Rodgers as manager in January 2010 after an initial successful caretaker spell which included a shock FA Cup win over Liverpool at Anfield.

McDermott steered the Royals to last season's play-off final, where they lost to Rodgers' Swansea, and they are making another strong promotion challenge this season.

The statement from Reading added: "Both the club and TSI share the view that stability is an absolute cornerstone of success.

"This (contract) agreement shows the strides we are making now that TSI is on board, and the bright future ahead for our club.

"With a win percentage of close to 50%, Brian's record as our manager is nothing short of phenomenal.

"With 50 points from the last 25 games, his team are very well positioned in the npower Championship. The new contract reflects his track record and ability, and protects both him and the club for the long term."

Reading chairman Sir John Madejski said: "I am absolutely delighted that Brian has signed and this is a very, very important day for our club.

"Everybody knows how highly we rate him and he has more than repaid the faith we showed when we appointed him. He is a top manager.

"In the space of two years he has not only taken us to the play-off final and to two quarter-finals of the FA Cup, he has done so in a manner befitting Reading Football Club.

"He is extremely well respected by the staff, players and of course the supporters and I know this news will be very well received by our fans."

Madejski added: "From day one both myself and Anton wanted to secure Brian's services as it was only a matter of time before he was mentioned in connection with other clubs.

"These processes take time and we have today come to a fantastic agreement that puts our club on an even more secure footing going forward.

"With the team doing so well at the moment, it is truly a very exciting time to be a Reading fan and I for one cannot wait for the rest of the season."

McDermott's commitment to Reading was a second blow to Wolves after Alan Curbishley rejected a second bid from them to become McCarthy's successor.

PA

Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Books should be for everyone, says Els, 8. Publisher Scholastic now agrees
booksAn eight-year-old saw a pirate book was ‘for boys’ and took on the publishers
Life and Style
Mary Beard received abuse after speaking positively on 'Question Time' about immigrant workers: 'When people say ridiculous, untrue and hurtful things, then I think you should call them out'
tech
Life and Style
Most mail-order brides are thought to come from Thailand, the Philippines and Romania
life
News
i100
Life and Style
tech
Voices
Margaret Thatcher, with her director of publicity Sir Gordon Reece, who helped her and the Tory Party to victory in 1979
voicesThe subject is being celebrated by the V&A museum, triggering some happy memories for former PR man DJ Taylor
Caption competition
Caption competition
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence
Public relations as 'art'? Surely not

Confessions of a former PR man

The 'art' of public relations is being celebrated by the V&A museum, triggering some happy memories for DJ Taylor
Bill Granger recipes: Our chef succumbs to his sugar cravings with super-luxurious sweet treats

Bill Granger's luxurious sweet treats

Our chef loves to stop for 30 minutes to catch up on the day's gossip, while nibbling on something sweet
London Marathon 2015: Paula Radcliffe and the mother of all goodbyes

The mother of all goodbyes

Paula Radcliffe's farewell to the London Marathon will be a family affair
Everton vs Manchester United: Steven Naismith demands 'better' if Toffees are to upset the odds against United

Steven Naismith: 'We know we must do better'

The Everton forward explains the reasons behind club's decline this season
Arsenal vs Chelsea: Praise to Arsene Wenger for having the courage of his convictions

Michael Calvin's Last Word

Praise to Wenger for having the courage of his convictions