Luton Town boss Mike Newell says he is in no hurry to sign a new contract with the club.
Newell has done wonders since joining The Hatters, and has cemented their position in The Championship following promotion last term.
Newell's current contract does not expire until the end of next season, and they are keen to tie him down on a fresh deal with the manager attracting the attention of several other clubs.
Luton had stated a week ago that Newell had agreed a new four-year deal, but the manager insisted that they had jumped the gun in their eagerness to get him signed on.
Newell says that he is in no rush to sign a new deal at Kenilworth Road, as he wants to ensure it is the right deal for both parties.
"I only had the contract faxed through to me on Thursday of Friday last week," said Newell.
"There's no rush. I'm already signed on until the end of next season.
"I want this new deal to be right and the club want it to be right."
Newell's Luton began the season superbly well and looked like challenging for promotion until they started to fade.
Now 12 points off the play-offs it looks like Luton will have to settle for a mid-table finish, but winger Carlos Edwards believes Newell can lead them to The Premiership next term.
"We are a team to be reckoned with, and I hope we can make the top two next year," said the 27-year-old Trinidad & Tobago star.
"I'm very optimistic. We will hopefully learn from our mistakes and correct them in time for next season.
"There is no point dwelling on the negatives, because there are so many positives to reflect on from this season."