St Johnstone manager Tommy Wright believes he can enjoy more success at McDiarmid Park after committing his future to the club.
Dundee United sought permission to speak to Wright before appointing Mixu Paatelainen as manager at Tannadice.
And Northern Irishman Wright, 52, who won the Scottish Cup with Saints in 2014, subsequently signed a new deal, tying him to McDiarmid Park until 2019.
"I think loyalty is important," Wright told BBC Radio Scotland's Sportsound.
"It was pretty obvious to me that for me to speak to Dundee United, I would have had to really rock the boat at St Johnstone.
"I looked at the squad of players I've got and I feel that we've probably got a better squad of players than most teams in the league.
"The chairman very quickly wanted to show his confidence in me, I can't remember the last time a St Johnstone manager has had three-and-a-half years of a contract."
Saints had never previously won the Scottish Cup until Wright's maiden season in charge ended with a memorable win over Dundee United in the final.
He has also guided the Perth team into Europe two years running.
"I am ambitious, but I feel that where I am at the minute, the best opportunity for success is with the group of players that I've got," added Wright.
"When [Dundee United chairman] Stephen Thompson contacted him, my chairman [Steve Brown] made it pretty clear that they weren't getting permission to speak to me, no matter how much money they put on the table.
"My chairman immediately wanted me to sign a new deal, which he sorted out pretty quickly, and I was more than happy to sign because I still feel that there's a lot to do at St Johnstone.
"I look at the squad of players we've assembled over the last couple of years and it's a strong squad. We want to be in there fighting for top six, getting in Europe again and hopefully winning another trophy, so hopefully there's a lot to look forward to for me at St Johnstone.
"There's no question that Dundee United is a bigger club in terms of resources, but on the pitch we've done a lot better than so-called 'bigger clubs' over the last few seasons."