Manchester City manager Roberto Mancini has agreed to a five-year contract that ties him to the club until the summer of 2017.

Mancini replaced Mark Hughes as City boss in December 2009, guiding them to the FA Cup in 2011 and a year later a league title.

Although there were claims Mancini was sought after by the Russian Football Federation, the Italian was always expected to commit long term to the City project having secured their first league title in 44-years back in May.

While details of his new deal with City have not yet been disclosed, he has been rewarded with an improved financial package.

"I am delighted to be able to give all of my efforts to Manchester City for a further five years," Mancini said Monday. "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."

Current City midfielder, Yaya Touré, hails Mancini's new deal and sees it as a major commitment to the club.

"It means there will be no changes or disruption to what has proved to be a winning formula and for the long-term, that can only be good for Manchester City," Touré told the club's website.

The star midfielder also reiterated his desire to stay at City and help the club win more silverware.

Touré added, "On a personal level, I'm very happy because I want to win many more trophies with City and the manager has the same mentality as I do-he wants to win everything with the club and so do I."