Ralf Rangnick, who had been linked with the managerial vacancy at Everton, has signed a two-year contract extension with Bundesliga side RB Leipzig.
The 59-year-old sporting director is now committed to Leipzig until 2021. The former Schalke and Stuttgart head coach has been with the club since 2012 and his previous contract had been set to expire in 2019.
"I am glad that my future lies in this great club, which has made a fantastic development and whose path, in my view, is far from over," said Rangnick.
"After exciting years of development, we have established ourselves in the Bundesliga. The decision to extend my contract prematurely is also a commitment to this beautiful city, in which I feel very comfortable."
Leipzig are currently second in the Bundesliga after beating Werder Bremen 2-0 on Saturday when Naby Keita opened the scoring.
Meanwhile, Everton are 1000/1 to be relegated from the Premier League after slumping to a 4-1 loss at Southampton on Sunday.
David Unsworth has been in caretaker charge of the Toffees following the decision to part company with Ronald Koeman on 23rd October.
A dejected Unsworth said after watching Everton's capitulation at St Mary's: "It's killing me.
"I take responsibility, but we all have to as well. We're in a tough place and things have to change quickly."
Everton are 29/20 to beat West Ham at Goodison Park on Wednesday while the odds on both teams scoring in the match are available at 4/5.
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