"The Football Club are delighted to announce that we have agreed a two-year deal with Phil Brown to become our new manager," said Town chairman Lee Power.
“We had a very good meeting on Tuesday evening and we spent a day going through budgets and personnel for next season, which we finalised today hence the delay in making this announcement.
“One of the key reasons behind appointing Phil on a permanent basis was that I feel the club needs some stability, which he gives us in abundance.
“We were obviously disappointed not to make the Play-Offs last season and no one more so than Phil.
“This deal gives Phil an opportunity to put his own stamp on the team and, with his record and experience in management, I think he'll help bring this club success over the next two years."