Manchester City midfielder Yaya Toure has admitted his delight after Roberto Mancini signed a new five-year deal at the club.

Mancini ended speculation surrounding his future by signing a new deal on Monday, and Toure has revealed that he "was very happy to hear the news".

"I was very happy to hear the news that our manager has signed a new five-year deal yesterday. It is important for this club to have stability at all levels, especially after we have just won the title and the FA Cup the season before," he told the club's official website.

"It means there will be no changes or disruption to what has proved a winning formula and for the long term, that can only be good for Manchester City.

"Now the manager can continue to build this club and plan for the future – let's not forget Sir Alex Ferguson has been at Manchester United for 25 years and they haven't done too badly over the years."

City secured the Premier League title last season.