Having signed in 2011 on a two year deal, Mohammed Al Fayed has opted to activate a clause which means Jol's stint at Craven Cottage will be prolonged for a further year.
Having been originally courted by the club in 2010, after the departure of Roy Hodgson, Jol only joined up with the side a year later after his club, Ajax, refused to let him leave. In the meantime, Fulham appointed Mark Hughes who would eventually depart for the "ambitious" Queens Park Rangers.
Jol's first full season in SW6 was hugely successful as the Dutchman took Fulham to their second highest ever Premier League points tally of 52.
And his current campaign is going swimmingly too, with Fulham currently sitting level on points with Arsenal. As such, both Chairman Al Fayed and Jol himself were keen to continue in an upwardly mobile manner.
"There is no discussion because Fulham have got an option on my contract," Jol explained.
"I'm happy here and I'm happy with what I'm doing.
"Fulham want to activate the extra year and I'm happy for them to do that. We talk to each other every day and maybe a month ago the decision was made. An option is an option and they did that. I'm quite happy here."