Roberto Mancini has agreed a new five-year contract with Manchester City that ties him to the club until the summer of 2017.

Mancini, who led City to the Premier League title on the final day of last season with a dramatic 3-2 victory over Queens Park Rangers, spoke of his delight with the new deal.

Mancini says: “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 delighted to be able to give all of my efforts to Manchester City for a further five years,” he told the club’s official website after committing himself to the outfit until 2017.

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

Mancini was being suggested as a possible successor to Dick Advocaat after the Dutchman left his position as coach of Russia following Euro 2012.

Manchester City begins the defence of its Premier League title at home against newly promoted Southampton on 19 August.