Villas-Boas was reportedly PSG’s number one target.
Andre Villas-Boas has rejected an offer from Paris St Germain to become their new manager according to Goal.com.
The Portuguese boss was the French’s sides number one target to replace Carlo Ancelotti, who is set to take over at Real Madrid.
The French champions were ready to meet AVB’s £10 million buy-out clause and had offered him an extremely lucrative contract which would have increased his personal terms.
However, AVB has rejected PSG, seeking instead to stay at Tottenham and try and get them into next seasons Champions League.
Turning down PSG is a big call for AVB, as the club will be playing Champions League football during the up-coming season and has one of the most expensively assembled squads in the world.
However, AVB wanted to show loyalty to Spurs and feels he has unfinished business at the club having only been at White Hart Lane for one season.
Interestingly, AVB is reportedly looking forward to going head to head with mentor Jose Mourinho, who recently became Chelsea boss for the second time.
The manager is also set to be backed with additional funds to spend on players this summer and AVB will certainly sign a striker this summer, with Spurs linked with Barcelona’s David Villa and Valencia’s Robert Soldado.