Michael Laudrup signs one-year contract extension at Swansea

Danish delight for Swansea as Laudrup signs one-year contract extension

By
Riath Al-samarrai

PUBLISHED:

17:12 GMT, 8 March 2013

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UPDATED:

19:20 GMT, 8 March 2013

t the club.

Michael Laudrup has moved to end speculation about his future by signing a one-year contract extension at Swansea City.

The Dane had been linked with Real Madrid and Chelsea in the wake of Swansea’s remarkable Capital One Cup final triumph against Bradford last month.

But the 48-year-old declared his desire to lead Swansea into Europe after agreeing a deal that will run until June 2015.

All smiles: Michael Laudrup agreed a one-year extension to his current deal at Swansea

All smiles: Michael Laudrup agreed a one-year extension to his current deal at Swansea

He said: ‘We’ve started something this season that I want to continue.

‘I know there has been a lot of
speculation (about my future), but I’ve always said that I am happy here
and I never had any doubts I would stay.

‘I am delighted to sign the new deal
and I’m already really looking forward to next season. I hope there will
be some very exciting things happening with the team and with the club
in Europe.’

The development will go some way to
protecting Swansea financially. Sportsmail understands that Laudrup, 48,
has committed to a hefty clause in the region of 5million, much like
the one Brendan Rodgers agreed to when he signed his extension at the
Liberty Stadium four months before joining Liverpool.

Last night Swansea chairman Huw Jenkins admitted he still fears bigger clubs will come in for his manager.

He told Sportsmail: ‘It’s a fact of
life in football that if you do well people will want your manager or
players and there is no such thing as a cast iron agreement anymore.

‘But this deal shows Michael’s desire
to stay here and it also gives us the extra financial security if
another club does come in.’

Historic: Laudrup guided Swansea to Capital One Cup success this season

Historic: Laudrup guided Swansea to Capital One Cup success this season

Historic: Laudrup guided Swansea to Capital One Cup success this season

Jenkins added: ‘The success we have
had with Michael has been brilliant. I thoroughly enjoy working with him
and long may that continue.

‘This is obviously great news for
everyone connected with the club, from the fans, to the players and the
staff. We are delighted that he has agreed this extension.’

Talks only started last week between
the two parties after Laudrup was initially reluctant to commit his
future to the club beyond stating his desire to lead the club in Europe.

Jenkins said: ‘I think the fact we got it done relatively quickly shows you what Michael thinks about the club.

‘He is enjoying himself and he finds the challenge exciting, which for him is very important.’