Brendan Rodgers has signed a new long-term contract at Liverpool.
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Rodgers replaced Kenny Dalglish in the summer of 2012 after impressing with Swansea City and, after leading the club to seventh place in his first year at Anfield, oversaw a surprise title challenge in his second campaign.
His existing deal had only one year to run but he has now put pen to paper on an extension, which reportedly runs until 2018.
Rodgers told the club's official website: "I am both humbled and privileged to be offered the chance to extend my stay at this great club. I am very happy to build on the foundations we have built over the last two years and now we move onto the next phase which I believe will be as exciting, challenging and rewarding.
"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."
Rodgers had been tasked with leading the Reds back into the Champions League for the first time since the 2009-10 campaign and a joint statement released by the club's principal owner, John Henry, and chairman Tom Werner praised the progress made under the Northern Irishman.
It read: "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, 41, had worked as a youth coach at Chelsea before having spells in charge at Watford, Reading and Swansea. Earlier this month, he was named the Manager of the Year by the League Managers' Association after a campaign in which Liverpool finished just two point behind Premier League champions Manchester City.