Stuart Pearce revealed after the crushing European Under-21 Championship final defeat to Germany that he will continue in his role for the 2011 campaign.
Pearce agreed personal terms on the new deal before travelling out to Sweden and Sir Trevor Brooking brought out the paperwork for the 47-year-old to sign. The formalities were completed before the semi-final victory over Sweden when England ended their penalty shoot-out hoodoo - but Pearce's youngsters could not get the better of Germany.
"I don't subscribe to boom and bust," said Pearce after the 4-0 defeat at Swedbank Stadion. "If we won I wasn't going to be the best coach in the world. Losing chews me up but it spurs me on to be a better coach and manager. It's as simple as that."
He added: "Just before the semi-final I signed a two-year deal. I enjoy where I work, my employees and the players I work with. Why would you walk away from that?"
Pearce will continue to assist seniors boss Fabio Capello, who was travelling back from the Confederations Cup in South Africa and could not make it to Sweden.
He missed England's youngsters fall behind midway through the first half when Gonzalo Castro struck. Scott Loach's blunder from Mesut Ozil's 35-yard free-kick accounted for the second.
"The ball reacts abnormally," said Germany coach Horst Hrubesch.
Sandro Wagner then added to late goals to put the gloss on Germany's performance.
"We started very brightly as a team, the first goal came against the run of play and changed the game," Pearce said. "It suited them to counter-attack.
"I have to congratulate Germany, to win any final is an achievement and to win 4-0 in it is an achievement. We're a bit frustrated as a team but we have to improve and in two years time we have to be one better. We are in the top two in Europe and we have to be in the top one."
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Dear jm2209, maybe it would be a good idea to look up some information about these "turkish, serbian and spanish Players" before writing comments about them. If you had bothered to do that, you most likely had been able to notice they are either born and grown up in germany or came here as babys or toddlers and grew up here. Not miuch difference to some "english" Players with rather african sounding names, isnt it?
Just wanna say True beauties are actually among ourselves,
__mill ion aire chats C om__hot and sincere young girls and handsome men there are much more attractive and charming!!!!
What a joke that game was... It might sound like sour grapes but Germany hardly had any players that were actually born in the country! There best players are Turkish, Serbian and Spainish!
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