Simeone extends his contract with Atletico Madrid.

The Madrid team has successfully persuaded the Argentinian coach to stay with the club for at least two more years.

Cadena SER reported on July 25th that a new contract between Diego Simeone and Atletico Madrid has been signed. Simeone will stay with the Madrid club for at least two seasons, instead of just one season as per his previous contract.

Securing Simone's services for another year is Atletico Madrid's biggest victory this summer.

Simeone's future has been one of Atletico's biggest concerns recently. Initially, his contract was valid until 2020, but the 47-year-old coach later requested a reduction to 2018, with a higher salary. This move was seen as a way for Simeone to leave, with PSG or his former club, Inter Milan, being two possible destinations.

However, Atletico has smoothly resolved that concern with a new contract, although it remains unclear whether Simeone will stay until 2019 or 2020. According to Cadena Ser, the agreement was only reached after Atletico accommodated Simeone's request for a short-term contract.

Antoine Griezmann's commitment, along with key players like Koke, Jan Oblak, and Saul Niguez, coupled with the signing of Vitolo from Sevilla, has positively influenced Simeone, leading him to commit to a two-year extension. In response, Atletico are working to acquire another target the Argentinian coach desires: Diego Costa. However, due to transfer bans, players arriving this summer will only be allowed to play for Atletico from January 2018.

Simeone had previously won a double with Atletico Madrid, securing both the La Liga title and the Copa del Rey during his playing career. He returned to the club in January 2012 to succeed Gregorio Manzano. In his first half-season, Atletico won the Europa League. The team subsequently added another La Liga title, a Copa del Rey, a Spanish Super Cup, a UEFA Super Cup, and reached the Champions League final twice.

Alongside their consistent performance, Atletico under Simeone has also achieved a strong financial foundation, thanks to their regular participation in and deep runs of the Champions League. From next season, they are expected to earn even more money when they move to their new Wanda Metropolitan stadium.

According to VNE