Atletico coach Simeone on verge of extending contract

Spanish football club Atletico Madrid are expected to announce a new contract for coach Diego Simeone in the coming hours.

The new deal, which was revealed by the coach's sister in the wake of Atletico's Champions League triumph over Bayer Leverkusen on Tuesday, is expected to take the former player through to the end of June 2021, although there is a buyout clause that either club or coach can use at the end of each season, reports Xinhua.

Former Argentina player, Simeone has been a huge success as Atletico Madrid coach. Arriving at the end of 2011, he guided the club to the 2012 Europa League and 2013 Copa del Rey titles.

Atletico won the La Liga title in 2013-14 and Simeone also led them to the final of the Champions League where only an injury time goal from Real Madrid's Sergio Ramos denied them a famous double.

Atletico got their revenge at the start of this season by beating Real Madrid in the Super Cup as well as beating them twice in La Liga and knocking their neighbours out of this season's Copa del Rey.

They are currently in fourth place in the league and Tuesday's win took them into the last eight of the Champions League.