Ten Hag had to wait over two weeks for United to decide to retain him after guiding them to FA Cup final victory over Manchester City on 25 May.
On 4 July, following conversations with the Dutchman, the club confirmed they had triggered the additional year option in his contract, which now runs to 2026.
In his first interview since that was announced, Ten Hag told in-house channel MUTV he would not have agreed to extend his deal if he was not “very” excited about the future.
United have made significant structural change since Ineos’ co-ownership was confirmed in December.
Jason Wilcox had already arrived at United before the victory over City, Dan Ashworth has since been installed as sporting director, and Omar Berrada is due to take over as chief executive on 13 July.
Rather than feeling that weakens his position, Ten Hag believes the changes leave the club in a better place.
“The new ownership coming in can help us,” said the 54-year-old.
“We are so pleased that around the football, around the first team, we have a strong structure that will help us in many ways, like in scouting and recruitment and departments of medical and performance.
“They will be so supportive and that will raise the bar.”
