As far as I have seen this morning, several papers have reported that Steve Kean has signed a new deal. It hasn't yet been confirmed by the club however, but although this is football and gossip should rarely be taken seriously, there's rarely smoke without a fire (Faroese saying).
A couple of weeks ago, reports started to surface that Venky's were preparing a new deal for Kean. Apparently they were so impressed with the progress shown by the team. It's not a joke, but dear lord it's funny!
As I wrote in my post yesterday, there has been massive improvement over the last few weeks, but surely it doesn't merit anything resembling a new contract. Of course the progress should loosen a couple of nails in the coffin, but a new deal is going a bit overboard with the support.
If and only if Venky's absolutely want to prove to the world of football, that there is such a thing as unconditional support for a manager (which I am all for, by the way) I would advise them to form out a contract. Make sure Kean sees it as a great offer, but only make the offer IF he can lead the team to a minimum of four wins and two draws in the next six games.
That's only my opinion on the matter. What's your?