Jose Mourinho has said that staying at Real Madrid can provide the perfect managerial challenge in the next stage of his career.
The 49-year-old signed a new deal with Los Blancos earlier today that commits him to the club until 2016.
"I've always said this squad is young and that its best years are yet to come," the Portuguese told the club's official website.
"It isn't a squad with players on the verge of extinction or playing their final years of top tier football. The club, with its incredible social reach and structure, can adapt to the times and to what we're trying to do.
"I've had to improve as a coach and a professional. I think it is the perfect challenge for the next four years because you always have to do more when things are hardest. I need these great challenges in the maturity of my career; I need things to force me to be better."
Mourinho's decision to stay on with the club he led to La Liga glory earlier this month has ended any speculation of a return to England, with clubs such as Chelsea an Liverpool reportedly monitoring his situation.
