Diego Simeone has signed a new deal with Atletico Madrid.
The 44-year-old has decided to sign a contract that will keep him at the club until 2020.
"This is a very important moment. The club has shown faith in the staff and I really appreciate this," he is quoted by Goal.com.
"I want to thank all the players, both the ones who have left the club and those who opted to stay put. This would not have been possible without them.
"We are all looking forward to the new stadium and it is a great prospect to be part of the opening.
"I chose to be here at Atletico because I believe the club will keep developing. We all hope to enjoy as much success as in recent years."