Manager Kenny Jackett claims it was an easy decision to sign a two-year deal extension at Portsmouth because he is "extremely excited" about the club's future.
The 55-year-old, who replaced Wigan-bound Paul Cook at Fratton Park in the summer, has had a fairly inconsistent start in charge on the south coast as Pompey have won eight and lost eight of their opening 18 League One matches with two draws.
However, they remain handily-placed in 10th position and are just two points off the final play-off place.
When offered the opportunity to extend my contract it was a very simple decision to make and I am extremely excited about the future of PFC.Kenny Jackett
Jackett, who has already successfully guided former clubs Millwall and Wolves to the Championship via promotion from League One, is happy with his start and is confident of bringing success back to the club which is why he agreed to extend his stay until summer 2021.
He told the club's website: "Pompey is a really special, incredible football club. The Chairman, Board and CEO all share a long-term vision of where the club is going and I want to be a part of that.
"When offered the opportunity to extend my contract it was a very simple decision to make and I am extremely excited about the future of PFC."
Chairman Michael Eisner added: "We have been really impressed with the experience, knowledge, hard work and commitment Kenny brings to Pompey and as part of our long-term strategy and thinking, see him as an integral part of our on-field future. It was a simple decision for both parties to make."
Portsmouth, who are 1000/1 to be promoted from League One this season, are next in action against Peterborough on Tuesday night.
They are 2/1 to win at London Road, while hosts Posh are available at 7/5 and the draw is priced at 13/5.
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