Unai Emery has put pen to paper on his new Valencia contract.
Emery has vowed to help the club "continue growing" after signing a new contract.
Los Che refused to disclose the terms of the new deal.
Valencia are guaranteed to finish the Primera Division season in third place no matter what happens in this weekend's final round of fixtures as they are 27 points behind second-placed Real Madrid and eight above fourth-placed Sevilla.
"The challenge for next season is to continue growing," Emery told reporters on Thursday night.
"We will move forward with a line of continuity and the utmost dedication and ambition to fulfil our responsibilities.
"I have great enthusiasm for the new season and we will do our best."
After a traumatic close season a year ago when the club's financial plight threatened to strip them of key men David Villa, David Silva and Juan Mata, Valencia are set for a similarly difficult summer this year.
Emery remains upbeat, however.
"The club works to have alternatives," he said. "Players who come will do so with hunger, enthusiasm and desire to become such important players as the ones who leave. Valencia will always have a great team."