Rangers manager Walter Smith has signed a new one-year deal with the Scottish champions, the club has confirmed.
The forthcoming campaign will be the 62-year-old's last before handing over the reins to backroom team Ally McCoist and Kenny McDowall.
All three - who had been working without contracts since January - agreed new deals on Monday and put pen to paper on Tuesday evening at Murray Park.
Smith defied the odds to lead Rangers to a second successive Clydesdale Bank Premier League title this season, despite financial restrictions which have prevented him from buying a new player since August 2008.
He initially refused to confirm whether he would remain at Ibrox to defend his crown, leading to fears that he was set to quit Rangers this summer.
However, Tuesday night's announcement brings to an end weeks of uncertainty and acts as a major boost for the Ibrox club, following a growing clamour among his players for Smith to remain at the helm.
Assistant manager McCoist and first team coach McDowall have agreed two-year deals and it is the club`s intention that they succeed Smith when he steps down.
Smith said: "I am wholly committed to managing the club next season and when it comes to the end of next season I firmly believe that Ally and Kenny would do a great job and I am glad everybody at the club shares that view.
"I have given this decision a great deal of thought. The next season holds many challenges for everyone at the club and I would hope that with the backing of everyone - supporters, management and staff - we can pull together as a club and continue to achieve at least the levels of success we have enjoyed over the last few seasons.
"We have big challenges ahead, on and off the field, but we are all Rangers men at heart and are looking forward to going for our third league title in a row and playing in the Champions League."