Mancini signs new Manchester City deal
July 9, 2012 -- Updated 1840 GMT (0240 HKT)
Roberto Mancini led Manchester City to their first English league title for 44 years last season
- Roberto Mancini signs a new five-year contract with Manchester City
- Italian manager led City to their first English Premier League title last season
- Mancini joined the club in December 2009 after Mark Hughes' sacking
(CNN) -- Roberto Mancini has signed a new five-year contract with Manchester City after guiding the club to their first English title for 44 years.
The Italian oversaw a gripping finale to the Premier League season when two injury time goals in City's last match of the campaign saw them pip rivals Manchester United to the championship.
The former Inter Milan manager has now committed his future to the club until 2017.
"I am delighted to be able to give all of my efforts to Manchester City for a further five years," Mancini told the club's official website.
Manchester City win Premier League title in thrilling finale
Man City's last gasp goal wins title
Abu Dhabi celebrates Man City win
Manchester City wins EPL
"The opportunity which exists to build on our recent success is enormous. Manchester City is a fantastic football club, from the owner, chairman, board and the executive team, through to the players, staff and fans.
"I am very much looking forward to the challenges and excitement ahead."
Mancini was appointed in December 2009 after the club sacked Mark Hughes, and has been afforded millions to spend in the transfer market by the club's oil-rich owners.
Players like Yaya Toure, David Silva, Mario Balotelli and Sergio Aguero have all arrived for multi-million dollar fees and helped the club to their first major trophy in 2011, when they won the English FA Cup.
It was a goal from Argentina striker Aguero that confirmed their dramatic Premier League victory in the final game of last season against Queens Park Rangers, now managed by Hughes.
It marked a shift in power in the Premier League as Mancini and his team finally toppled Manchester United, who have a record 20 English titles to their name.
City's interim chief executive officer, John MacBeath, said of the deal: "Roberto's managerial credentials have been well proven in Europe for many years.
"In leading a team which has won the FA Cup and an unforgettable Premier League title in successive seasons, his ability to manage in the English domestic game is also undisputed.
"This new agreement allows Roberto to focus on the challenge of guiding a team which is capable not only of defending the Premier League title, but one which can compete for European honors."
City begin the defense of their Premier League title with a home game against newly-promoted Southampton on August 19.
Part of complete coverage on
Be part of CNN's coverage of European Champions League matches and join the social debate.
Should the Manchester United board have insisted upon a more radical overhaul of the club's football operation when Alex Ferguson stepped down?
April 23, 2014 -- Updated 1326 GMT (2126 HKT)
When Sunday Oliseh was a young boy, he never dreamed he would one day carry the hopes of 170 million people on football's biggest stage.
April 15, 2014 -- Updated 1523 GMT (2323 HKT)
The 1989 Hillsborough stadium tragedy, which claimed 96 lives, brought the red and the blue halves of Liverpool together.
CNN's Don Riddell says the 1989 Hillsborough tragedy has caused irreparable damage to the families of the 96 victims and the survivors.
April 11, 2014 -- Updated 1244 GMT (2044 HKT)
Two European heavyweights will collide in the Champions League semifinals after Bayern Munich and Real Madrid were drawn together in Switzerland.
March 24, 2014 -- Updated 1248 GMT (2048 HKT)
England prides itself on being the home of football, but is the nation dysfunctional in dealing with racist abuse?
March 18, 2014 -- Updated 1339 GMT (2139 HKT)
In a city where football is a religion, Liverpool and England striker Daniel Sturridge is fast becoming a deity.
March 4, 2014 -- Updated 1555 GMT (2355 HKT)
"Everyone is scared about war -- they are very nervous," former Ukraine football star Oleg Luzhny says of the rising tensions with Russia.
February 26, 2014 -- Updated 1807 GMT (0207 HKT)
Bayern Munich's present success rests on one key decision, chairman Karl-Heinz Rummenigge tells CNN.
February 18, 2014 -- Updated 0922 GMT (1722 HKT)
"More than a Club." It is an image Barcelona has carefully cultivated, but could the controversial deal to sign Neymar sour that view?
February 1, 2014 -- Updated 1825 GMT (0225 HKT)
Affectionately known as "the wise man of Hortaleza," Luis Aragones -- who died aged 75 -- left the legacy of helping Spain's ascension to the top.
Today's five most popular stories