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Aston Villa boss David O'Leary is still to waiting for the club to offer him a new deal.
The Irishman has invited Villa to extend his current contract insisting he is happy to stay at Villa Park.
Aston Villa chairman Doug Ellis believes that David O'Leary will sign a new contract with the club imminently.
O'Leary suggested recently that he was close to sealing a new deal, and Ellis is confident his manager is true to his word.
"The contract is now in the hands of the lawyers, and it is not a problem," said Ellis.
"I always wanted to remain with Villa but it was important to me that Roy and Steve, who are an integral part of my team, should also stay for the same length of time," commented the Irishman.
Chairman Doug Ellis was understandably pleased to have ended the negotiations positively.
"David's record since his arrival in 2003 is excellent and he shares the board's ambitions to continue taking the club forward," he told Villa's official website.
"For this reason, it was important we got this right, bearing in mind this contract keeps David at the club until 2008.
"David can now concentrate on continuing the job he began at the start of last season."