Vice-chairman Stephen Henderson has predicted a bright future for Glentoran under Eddie Patterson.
Patterson – who was appointed as Scott Young’s successor in January 2012 – has agreed a new two-year deal to remain at the Oval.
Henderson believes Patterson – who will be forced to work under a reduced budget next season – is the man to lead Glentoran into the future.
“We are delighted that Eddie has committed to another two years,” Henderson said.
“Eddie has stabilised the club since his arrival, after being dealt a very difficult hand.
“Last year’s Irish Cup win and qualification for Europe was a major boost for the club, and it maybe came a year ahead of schedule.
“The past 12 months have been difficult, but we believe Eddie is the right man to take Glentoran forward.”
Patterson was forced to blood some of Glentoran’s emerging youngsters last season after losing a number of key personnel over the past 12 months.
Andy Waterworth, Sean Ward and Jimmy Callacher all switched to Linfield, while Stephen Carson also left the Oval.
Henderson believes the manager has laid some solid foundations for the future.
“Eddie understands the modest resources we have to work under, and he has worked tirelessly in bringing through young players who are the future of this club,” he added.
“But there will be some room for manoeuvre over the summer, and hopefully we can bring in one or two more experienced faces.”
Meanwhile, midfielder Fra McCaffrey and striker Danny McKee have signed new two-year contracts with the club.