Jesualdo Ferreira extended his contract with 2003/04 UEFA Champions League winners Porto on Saturday ending speculation about his future.
The 61-year-old, who has been in charge for two years, did not reveal how long the extension was for.
"This is to put an end to the speculation," said Ferreira, who saw his side knocked out of the Champions League by Schalke earlier in the week.
"It has been about a month since I have been coach of Porto (for next season).
"The president proposed it (the new contract) to me and I accepted with great pleasure."
Porto look set for their third successive domestic title as they lead Benfica by 12 points