Rafael Benitez is convinced he can win trophies with Newcastle United after deciding to stay at the club despite relegation from the Premier League.
Benitez signed a three-year contract in March in a deal that had a clause allowing him to leave Newcastle should they be relegated.
Despite finishing the season on a six-game unbeaten run, Benitez was unable to steer Newcastle to safety.
However, after talks with owner Mike Ashley, he has committed his future to the club - putting pen to paper on a new three-year contract at St James' Park.
And speaking in a media conference on Wednesday, Benitez said: "A lot of things contributed to my decision but the first thing was the fans and the stature of the club and the future.
"I have had a lot of advice from a lot of people but everyone in the north-east is behind the team. My family also told me to stay.
"I am sure we can be where we belong again. But we must work hard - but it's not easy.
"For me it's a challenge. I have a reputation, I have won trophies and now it's time for a project. I can see the possibilities.
"I am convinced we can go up next season. I am convinced we can win trophies - that's why I am sitting here."
Newcastle confirmed Benitez will have day-to-day responsibility over all football matters and the Spaniard insisted he is under no pressure to sell any players.
"Football business, I will have responsibility. But [the] main thing for me is that I will have a strong team and a winning team," he said.
"I have the assurances that if I don't want to sell any players, I don't need to sell anyone."
