The new deal will keep the Spaniard at Anfield for another four years until 2010.
Real Madrid have sacked coach Rafa Benitez after less than half a season in charge and promoted their former France great Zinedine Zidane from the B team to replace him, president Florentino Perez said on Monday.
Liverpool manager Rafael Benitez accused the Chelsea winger of histrionics during their league clash.
After the axing of Real Madrid coach Rafael Benitez, Manchester United are getting ready to re-launch a bid to sign Gareth Bale.
Liverpool manager Rafael Benitez would quit the club if he was ever forced to sell Spain striker Fernando Torres, but he remains confident of keeping his prize forward.
The Liverpool coach added that Morientes could even figure for his team in Saturday's home game with Manchester United.
Under-pressure Real Madrid coach Rafa Benitez believes there is a campaign against him and the club and that the team is not playing as badly as is being made out ahead of the La Liga game against Real Sociedad on Wednesday.
Real Madrid manager Rafael Benitez has dismissed speculations surrounding Gareth Bale and Karim Benzema's potential move to the Premier League, insisting that both key players will not be leaving the Spanish club.
Liverpool manager Rafael Benitez never dreamed of beating his former club Real Madrid by such a large margin after watching his team thrash the Spaniards 4-0 in the UEFA Champions League at Anfield, he said on Tuesday. Two goals from Steven Gerrard, plus strikes by Fernando Torres and a late Andrea Dossena goal dealt Real Madrid their biggest defeat in the Champions League and secured a 5-0 aggregate win that humbled the Primera Liga outfit.
Rafael Benitez is glad to be working with someone who knows their soccer in Inter Milan president Massimo Moratti after the coach said he spent his last year at Liverpool with directors who knew nothing about it.
Confusion continued to reign over the future of Inter Milan coach Rafael Benitez on Tuesday after club president Massimo Moratti played down widespread speculation that he had been sacked.
Rafa Benitez kicked off his tenure as Real Madrid boss with a frustrating 7-6 penalty shootout loss to AS Roma in a pre-season friendly on Saturday.
European champions Inter Milan won the Club World Cup and brought some relief to beleaguered coach Rafael Benitez when they brushed aside Africa's TP Mazembe 3-0 in the final on Saturday.
Chelsea's interim manager Rafael Benitez said the challenge of trying to win five trophies this season was too great an opportunity to turn down as he returned to the Premier League on Thursday.
Sacked Real Madrid coach Rafa Benitez says it was "an honour and privilege" to lead the club he has always supported and has sent a "good luck" message to his successor, former France great Zinedine Zidane.
The controversial departure of Real Madrid captain and goalkeeper Iker Casillas has created "division" at the Spanish giants and they must put it behind them as soon as possible, coach Rafa Benitez said on Friday.
Liverpool manager Rafa Benitez refused to be drawn about his own future after a 1-1 draw at Olympique Lyon left his side in danger of not surviving the Champions League group stage.
New Napoli boss Rafael Benitez believes Arsene Wenger is the best coach in the Premier League and has backed Arsenal as genuine contenders this season.
According to a report in as.com, speaking at a Madrid fans' meeting on Saturday, De Bla said: "Carlo Ancelotti is a phenomenon. We're eternally grateful to him. For me, up to three days ago he was the best coach in the world, as was Jose Mourinho a couple of years ago and as of next week it will be Rafa Bentez."
Chelsea midfielder John Obi Mikel believes fan negativity is affecting the players at the Premier League club.
"I'm proud of the players for the way they came back," the Liverpool manager said.
Liverpool manager Rafael Benitez reckons that Liverpool's Champions League dream is now in ruins after Sunday's draw against Fulham.
Real Madrid great Zinedine Zidane has quashed speculations that he is going to replace under-fire Rafael Benitez as the team coach, saying that he is still in a learning process when it comes to coaching a senior team.
Following Liverpool's exit from the Champions League the sacking of boss Rafael Benitez looks imminent, but striker Fernando Torres insists that sacking the manager "is not a solution" to the club's problems.
Chelsea interim coach Rafael Benitez has heralded a changing of the guard at the Premier League club by saying that new players are needed for them to carry on winning.
Liverpool manager Rafa Benitez said his side must win their remaining three group games if the five-time European champions are to qualify for the knockout stages of the Champions League.
Liverpool boss Rafael Benitez will get a close-up of the missing piece of his jigsaw puzzle on Saturday when Gareth Barry runs out for Manchester City at Anfield for a match with huge implications for both clubs.
Liverpool manager Rafa Benitez ended speculation about his future by signing a contract extension on Wednesday that will keep him at the Premier League club until at least 2014.
Rafael Benitez was the best tactical manager Steven Gerrard ever played under but the former Liverpool captain said he felt the Spaniard did not like him as a person, according to an extract from his autobiography being serialized in the Daily Mail.
Liverpool manager Rafa Benitez said victory over Manchester United on Sunday would be the best way for his team to put their season back on track.
Liverpool coach Rafael Benitez said his team's chances were dashed due to the shorter than expected stoppage time.
Chelsea's beleaguered interim manager Rafael Benitez still enjoys a 'very good' relationship with the club's owner Roman Abramovich, he told BBC in an interview on Thursday.
Liverpool manager Rafael Benitez has called for an end to the "crazy" Euro 2008 qualifying system.
Rafael Benitez is well-known for his 'Rafa rants' and his latest tirade against employers Chelsea could further damage his reputation and chances of finding another job.
In a bitter outburst at the fans who have barracked him relentlessly and an angry swipe at the club's board for only appointing him 'interim' manager, Rafael Benitez said on Wednesday he will leave Chelsea at the end of the season.
Rafa Benitez will continue to rotate his Chelsea players as they bid to deal with a fixture pile-up and rebound from two consecutive defeats, the club's interim manager said on Tuesday.