England U21 boss Stuart Pearce has signed a new contract.

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.

"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?"