The Portuguse coach was linked with the vacant positions at Paris Saint-Germain and Real Madrid, which have since been filled by Laurent Blanc and Carlo Ancelotti.
Villas-Boas failed to start a second season at former clubs Academica, Porto or Chelsea, but the 35-year-old is thrilled to continue his project at the north London side.
“I stayed because it’s my first opportunity to start a second year in the same club,” Villas-Boas is quoted as saying by the Guardian.
“I think that can give me an advantage and is something I want to try. I have been welcomed, I have an excellent group of players and the conditions and
structures we have at Tottenham are fantastic.
“The arrival of Franco takes us to another level so these are things I had to measure. I have great respect for the club and for Daniel, and these are the reasons I told the couple of clubs that came knocking that I wasn’t interested. How close did I get with them? There was a decision to be made.”