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Atletico Madrid 'Very Close' to Reaching Agreement Over Diego Simeone Contract Extension

La Liga giants Atlético Madrid are reportedly close to concluding the negotiations with head coach Diego Simeone for a new long-term contract at the Wanda Metropolitano.

The 48-year-old has transformed Los Colchoneros' fortunes since taking over in December 2011, winning seven major honours with the club as well as reaching two Champions League finals.

Simeone, nicknamed El Cholo, has been in negotiations with Atlético Madrid for a number of months as the club quickly turned their attention to his contract once Antoine Griezmann tied down his future with the club during the summer.

Marca Radio now report that Atléti are "very close" to finalising talks with Simeone, who is set to leapfrog the aforementioned Griezmann as the club's top earner with this new contract.