Corberan was Leeds’ first choice to replace the departed Jesse Marsch but has declined the chance to move to Elland Road, instead inking a new deal with the Championship side.
“I have enjoyed my time at Albion, and I am pleased to have secured a contract extension,” Corberan said. “I would like to thank my staff, the players, and our fantastic supporters for their help in making my time here so positive.
“I would also like to thank Ron Gourlay for continuing to show faith in me as a coach. I believe that success can only be achieved when everyone works together and the way I have been made to feel welcome at this great club has made me confident that this is the right place for me.
“It is important to me that we do not let this moment distract us from our target, which is to ensure we improve every day, making the team more and more competitive for the challenges ahead. My focus is always on earning a positive result in our next game and we are working hard to achieve that at Birmingham City on Friday night.”
News of Corberan’s extension comes after 90min reported on Leeds’ interest in Rayo Vallecano manager Andoni Iraola.
Iraola, who played under Marcelo Bielsa at Athletic Club and also has links to the current Leeds squad having played with winger Jack Harrison at New York City, has led Vallecano out from Spain’s second tier and up to fifth in La Liga.
Feyenoord’s Arne Slot is also understood to have been discussed at Elland Road.