Rome: Napoli coach Walter Mazzarri has signed a one-year contract extension with the club, it was announced on Thursday.
Mazzarri has had an excellent three years in charge of the southerners and recently steered them to third place in Serie A and a place in next season's Champions League as well as victory in the Italian Cup.
Napoli president Aurelio De Laurentiis says he is happy to be keeping hold of one of the most sought-after coaches in Italy.
"I'm very satisfied, we spoke at length, analysing last season and setting the foundations for the next one," he said.
"I also negotiated with Mazzarri to prolong his contract for another year."
Mazzarri claimed he understood the need to balance the books, meaning some of Napoli's top stars may leave in the summer.
"Together with the president we agreed on the necessity to work for the development of Napoli with signings aimed at strengthening the squad while respecting financial fairplay," he said.
Napoli finished fifth in the league last season having finished sixth in Mazzarri's first season.