May 24 (Reuters) - Pako Ayestaran has been appointed Valencia coach until 2018, the La Liga club said on their website (www.en.valenciacf.com) on Tuesday.
The 53-year-old Spaniard took over the first team until the end of the season after former England international Gary Neville was sacked in March.
Ayestaran guided Valencia to 12th place in the league standings after a relegation scare, winning three of his eight games in charge.
He previously managed Israeli side Maccabi Tel Aviv, guiding them to the Premier League title in 2015.
Reporting by Nivedita Shankar in Bengaluru, editing by Ed Osmond