Walsall manager Richard Money has signed a new three-year deal to stay at the Bescot Stadium until 2010. Money's guided Walsall back to League One in his first season in charge.
Chairman Jeff Bonser told the club's website: "We're pleased he believes he can take us forward and are delighted to have secured his long-term future."
Money, 51, returned to English management after working in Australia and Scandinavia following an earlier spell as Scunthorpe boss.