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Calderwood had been concerned about his transfer budget

Aberdeen manager Jimmy Calderwood has ended speculation about his future by agreeing a contract extension.

Assistant boss Jimmy Nicholl confirmed to BBC Sport on Monday that he, Calderwood and first-team coach Sandy Clark were happy to sign new deals.

Calderwood had consistently hinted that he could leave if the club did not match his ambitions.

And speculation heightened when three players rejected offers of new contracts with the SPL club.

But, while Barry Nicholson, Chris Clark and Michael Hart looked to accept bigger offers from English clubs, defender Zander Diamond signed a new contract.

And that appears to have gone some way to placating Calderwood.

The management team were presented with new contracts on Saturday.