The extension ties the Scot to the City Ground until the summer of 2017 as he looks to complete unfinished business and take the Reds back into the Premier League.
"This is a fantastic day for Nottingham Forest," said chairman Fawaz Al Hasawi.
http://www.nottinghamforest.co.uk/news/article/billy-davies-signs-new-contract-1120847.aspx
Source: Forest MAD
Source: FOOTYMAD
