Hull City's owners are delighted with the work of manager Steve Bruce this season.
With three games to go, Bruce's side are five points clear of the drop zone and are in the FA Cup final.
"Steve has done a great job," acting chief executive Ehab Allam told the Hull Daily Mail.
"He has proved to be a very good manager this season. We brought him here because of that, and he has lived up to his reputation.
"He has exceeded all our expectations this season.
"To be promoted in his first year in charge exceeded our expectations. To be in an FA Cup final and look like we are on course for survival has also exceeded all our expectations.
"But then we have also exceeded our expectations by spending what we have."
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