Chairman Shahid Azeem says he has informed the Shots boss and his assistant James Rowe of the request to take them from the National League promotion hunters.
Azeem says Waddock hasn’t completed what he wants to at the EBB and that the manager is determined to finish what he started.
“We’ve got a lot of work to do here and I’m happy that the chairman turned it down,” admitted Waddock. “I’m the manager of Aldershot Town and I’m very proud of that fact. Shahid was very up front and honest with me – he said that the Club turned it down straight away.
“We’re all working hard to try to achieve something. We’re nicely positioned in the league table but we haven’t achieved anything yet.”
The chairman says this isn’t an unusual situation.
“We are delighted that Gary and James have again shown Aldershot Town such loyalty, and believe in what we are all trying to achieve here,” said Azeem.
“This is not the first time that a Football League club has recognised their qualities, and it won’t be the last time, but we want to keep them at Aldershot Town for as long as possible.
“We are all on a journey at the moment, and there will probably be a few more ups and downs along the way, but we know that Gary and James are the right people to take the Club forward and make this a special period in our history.”