PORTSMOUTH chairman Milan Mandaric has given fans the news they wanted in the wake of promotion to the Premiership.
He will remain at the helm for another year at least and has promised to add to the £25 million he has spent in turning around the club's fortunes.
There had been fears that Mandaric would need to devote more of his time and energy to his American businesses, but such fears have been discounted in the warm after-glow of promotion.
He admits that his emotional attachment to Pompey is too strong for him to walk away. He must also be looking forward to savouring life at the summit of English football after financing the Portsmouth revival.
But Mandaric is also a hard-headed businessman and he, more than anyone, will know the size of the challenge now facing the club.
Some estimates suggest that payments from television and commercial spin-offs will swell the Fratton Park coffers by as much as £10 million, but even if all this were made available to manager Harry Redknapp, it might not be enough for him to make the squad competitive at Premiership level. The chairman may need to dig deep again in the summer.
The patchy results of the last month have confirmed the need for more class to be imported; class and, yes, some younger legs. But nothing can detract from the achievement of this season. Redknapp has worked miracles in just one year, and in the process has enhanced his reputation as a canny operator in the transfer market.
Signing the right players for a promotion drive is one thing, moulding them into a team capable of playing football of genuine quality is rather more daunting. Redknapp and his sidekick Jim Smith have done that to the delight of Pompey's dedicated army of fans.
But these fans won't need reminding that when Pompey last made it to the top flight, in 1987, the dream evaporated after just one season.
Nor will they dispute that today's Premiership is a more testing arena than the old First Division, or that some of the heroes of the promotion thrust were at Fratton because they could not command first team places with Premiership clubs.
Up to a point, Redknapp will want to demonstrate a loyalty to these players, but ultimately the club's future will depend on the fresh talent he can attract to Fratton Park between now and August.
Given his stated love for Pompey, and his desire to be a winner, Mandaric can be counted on to do his best to fund this ambition.
However, the 64-year-old chairman also knows it is too much for one man, and has indicated his intention of trying to attract more financial muscle to the club, even to the point of selling a minority interest.
Clubs achieving Premiership status can usually count on a boom in attendance figures. Not so at Fratton Park, where, for next season at least, the capacity will remain below 20,000. Visiting clubs will be allocated just 2,000 tickets.
There has been much talk of turning around the playing area to allow for development of one of the stands, and fans have been told to expect an announcement any day.
Even if this expansion gets planning approval, the word is it will be at least three years before the ground capacity is increased to any significant degree.
But disappointment over this lack of progress with the ground development, and any question marks over the existing playing staff, will not be allowed to tarnish the celebrations.
Whether or not Pompey clinch the Division One title, they have that most coveted of prizes: Premiership status. So take note: party poopers will not be tolerated.
On May 11, the famous Pompey Chimes will ring out from the Guildhall as players and backroom staff arrive for a reception. This will be followed by an open-top bus tour to Southsea Common, where the city council is laying on a party for up to 20,000 fans.
The reality of life in the Premiership will be on hold while the club and their fans live the dream.