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The club has extended its contract with the head coach Manuel Pellegrini for another year, which will now be valid until the summer of 2008.
The 53-year-old specialist arrived in Spain in 2004 from "River Plate" (Argentina) and in his first season achieved unexpected heights for the modest team - reaching the UEFA Cup semi-finals and finishing third in the national championship, guaranteeing a debut in the UEFA Champions League.
But that was not all - in the most prestigious club football tournament on the old continent, "Villarreal" reached the semi-finals, where only after a very intense and dramatic battle they lost 1-0 to a team from London (England).
However, this season is not so successful for the "Yellow Submarine" - in the Spanish championship, the team is only in 11th place, and their campaign in the Intertoto Cup ended in the third round, unexpectedly losing to "Maribor" (Slovenia).
