Alan Pardew says it came as a shock to be offered an eight-year deal at Newcastle but wants to crown his reign with silverware.
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Pardew guided the Magpies to a fifth place Premier League finish last season and owner Mike Ashley rewarded him for his efforts with the offer of a long-term deal, which the boss put pen to paper to on Thursday.
The 51-year-old, whose backroom staff also saw their deals extended, feels the long-term security will give him more chance of leading the Toon to success.
He said: "I was shocked when Mike first suggested it.
"To see what will happen in the next eight years is difficult.
"But this is probably the best chance I've got of winning a trophy. This gives us a chance to do that.
"I can also look at the club on a whole right down to the Academy. Realistically these players will come to me so it is important."
Pardew believes things are in place for Newcastle to keep moving forwards, with head scout Graham Carr having already had a big impact since his arrival.
He said: "It isn't just young players, it is signing good players. We showed that with (Fabricio) Coloccini.
"We also have Graham Carr and our backroom staff so we can move forward now."
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