West Ham manager Sam Allardyce has ended speculation about his future by signing a new two-year contract with the Hammers.
West Ham co-owner David Gold announced the 58-year-old Allardyce would stay on at Upton Park on his personal Twitter account.
"I am delighted to announce that our manager Sam Allardyce has signed a new two year contract," Gold said.
Allardyce revealed Friday he was set to put pen to paper on a new contract, having guided the Hammers to guaranteed Premier League safety in their first season back in the top flight.
"I will be signing my contract very shortly. Early next week will be the right time," he said.
The former Bolton and Blackburn boss insisted in March he would be penning a new deal "very soon" after productive talks with Gold and fellow co-owner David Sullivan, but the two-month wait to sign the contract offered raised doubts over his future.
But Allardyce said the hold-up was down to wading through vast swathes of legal jargon and the need to secure survival, rather than because of any problem with the club's owners.
"There were processes we had to go through and put it together in the right way, which it has now," Allardyce said. "I never thought there would be any problem -- and there hasn't.
"There has been some issue with the legal jargon in the contract which I couldn't understand so that has to go to both sides' lawyers to agree and then it gets signed. The size of a manager's contract is pretty substantial in terms of responsibilities."
West Ham's Winston Reid said he believes Allardyce has played a big role in transforming him from expensive flop in to a reliable Premier League defender.
"The manager has been great," said Reid, who picked up the Hammer of the Year award this week. "The manager puts faith in me when he picks me to play, tells me to go out there to do my best and do what I can do best for the team. So that is good for me."
Allardyce moved Reid back to center half during West Ham's season in the Championship and the 24-year-old has improved to the point where the club handed him a new two-year contract last week to stave off reported interest from Newcastle.
"He knows all about being a defender," Reid said of his manager. "He talks to all of us and gets across what he thinks will help us, so that is good for all of us."
Information from Press Association was used in this report.