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?
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
SPONSORED FEATURES
Independent Dating
and  

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

Career Services

Day In a Page

The long walk west: they fled war in Syria, only to get held up in Hungary – now hundreds of refugees have set off on foot for Austria

They fled war in Syria...

...only to get stuck and sidetracked in Hungary
From The Prisoner to Mad Men, elaborate title sequences are one of the keys to a great TV series

Title sequences: From The Prisoner to Mad Men

Elaborate title sequences are one of the keys to a great TV series. But why does the art form have such a chequered history?
Giorgio Armani Beauty's fabric-inspired foundations: Get back to basics this autumn

Giorgio Armani Beauty's foundations

Sumptuous fabrics meet luscious cosmetics for this elegant look
From stowaways to Operation Stack: Life in a transcontinental lorry cab

Life from the inside of a trucker's cab

From stowaways to Operation Stack, it's a challenging time to be a trucker heading to and from the Continent
Kelis interview: The songwriter and sauce-maker on cooking for Pharrell and crying over potatoes

Kelis interview

The singer and sauce-maker on cooking for Pharrell
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea