Sky Sports reports that McClaren has agreed to extend his contract in Holland.
McClaren signed a two-year deal with the Eredivisie side in 2008.
“A new deal for Steve has been agreed,” McClaren’s representative Colin Gordon told skysports.com.
“It is a rolling contract and there is just a bit of paperwork to be completed before it is finalised
“Steve is enjoying things at Twente and they are flying at the moment.”
