Wembley chiefs back coach.
England U21 manager Stuart Pearce has been given a new two-year contract despite failing to progress out of the group stages in the European Championship.
The 49-year-old has been backed by the Football Association despite the poor performances and will let him take charge of the Team GB football squad for London 2012.
Pearce also works on Fabio Capello’s coaching staff with the senior side after becoming the U21s manager in 2007.
Four years ago he led the team to the semi-final of the Euro’s and two years ago he reached the final, losing 4-0 to Germany.
“Continuity is vital as we continue to build our club ethos, and Stuart is an important member of the England coaching structure,” FA chairman David Bernstein said.
The FA has previously indicated that Pearce will coach Britain’s first Olympic football team, although the appointment is yet to be confirmed.
The FA is administering the team and set to provide the players after the Scottish, Welsh and Northern Irish associations said they will not be part of the side because of fears it would jeopardize their independence within FIFA.