Brendan Rodgers has signed a new long-term contract until 2018 with Liverpool after guiding the Reds back into the Champions League, the club has confirmed.
The club confirmed the news on their Twitter account on Monday, in which he admitted it is a “huge privilege” to carry on his spell in charge with the club.
"I am both humbled and privileged to be offered the chance to extend my stay at this great club," Rodgers told liverpoolfc.com.
"I am very happy to build on the foundations we have built over the last two years and now we move on to the next phase which I believe will be as exciting, challenging and rewarding."
Rodgers has been praised for installing an appealing style of football that saw strikers Luis Suarez and Daniel Sturridge top the Premier League scoring charts this season with 31 and 21 goals respectively.
He has also helped with the tactical change in the way Steven Gerrard is deployed, with the Liverpool and England captain flourishing in a more defensive role this season.
He added: "I would like to place on record my thanks to the players and staff, who have been absolutely brilliant for me since the day I started at this great football club.
"I am grateful to our owners and senior management team who have supported me and who share my vision of how we can progress on the field.
"Finally, I must thank the supporters who are at the heart of everything we do here.
"I am honoured every day to lead this team and I thank the fans for their continued support as together we strive to bring success back to Liverpool Football Club."
Club owners John W Henry and Tom Werner also praised Rodgers for his commitment and believe is a "great boost" for the club's future.
"We are very fortunate to have a hugely-talented individual leading our football performance and in whom we place our trust to deliver the vision we share for Liverpool Football Club.
"Brendan is at the heart of what we, as an ownership group, are trying to achieve on the pitch.
"This season has reaffirmed everyone's belief that we can bring football success to Liverpool and we are all committed to working together to achieve that.
"Players and supporters have made it clear how important Brendan is to our success and so to have him commit to us for the long term is a great boost for everyone going forward."
Rodgers' current deal had a year to run with the option of a further 12 months, but the new contract ties him down until the summer of 2018.