Rafa Benitez reveals the key reason behind decision to stay on at Newcastle United

Follow our live blog from the press conference here:Newcastle have tonight announced that the Spaniard will remain as Newcastle United manager, after signing a new initial three-year contract.

On Wednesday afternoon the Spaniard put pen to paper on the deal which will keep him on Tyneside until at least the summer of 2019.

Crucially, Benitez will have day-to-day responsibility for all football-related matters at the club.

Benitez said: "I am extremely pleased to be staying at Newcastle United.

"The love I could feel from the fans was a big influence for me in my decision to stay, as was my relationship with Lee Charnley and all the staff.

"This is a huge club and I wanted to be part of the great future I can see for Newcastle United."

The 56-year-old joined the Magpies in March, taking charge of the team for the final ten games of the 2015-16 season.

Despite the club's eventual relegation, he led United to three victories and a six-game unbeaten run, which culminated in a comprehensive 5-1 victory over Tottenham Hotspur on the final day of the season.

Follow our live blog from the press conference here: