Diego Simeone Extends Atletico Madrid Contract Until 2027
MADRID: Atletico Madrid’s head coach, Diego Simeone, has committed to the club for an additional three years, with his contract now extending until June 2027, as announced by the Spanish club on Thursday.
Simeone, 53, who assumed the role in December 2011, “will continue as the coach of our club until 30 June 2027,” according to the official statement from the team.
“Atletico” noted that under Simeone’s leadership, the club has experienced one of its most successful periods. Although specific details of the new contract were not disclosed, Spanish media reports suggest that Simeone has accepted a salary reduction from his estimated annual earnings of 16.5 million euros ($17.6 million).
The Argentine, a former midfielder for the club, holds the record for coaching the team in the most games in its history (642), securing eight trophies in the process.
Simeone guided Atletico Madrid to two La Liga titles in 2014 and 2021, the Copa del Rey in 2013, two Europa League trophies in 2012 and 2018, along with two European Super Cups and one Spanish Super Cup. The team also reached the UEFA Champions League finals in 2014 and 2016.
“To grow, you need stability, and to have stability, you need results, and Diego, so far, is synonymous with results,” commented Atletico CEO Miguel Angel Gil Marin on Spanish television earlier this week, ahead of Simeone’s seventh contract extension. Marin expressed hope for three more successful years under Simeone’s leadership.
Currently occupying the fourth position in the La Liga table, Atletico Madrid looks forward to maintaining its strong standing with Simeone at the helm.
Simeone, a former defensive midfielder for Argentina, boasts an illustrious career, winning two Copa America trophies. In his club career, he clinched the UEFA Cup with Inter Milan and the Italian league with Lazio. However, Atletico Madrid remains his favorite club, where he achieved a Spanish league/cup double in 1996.
Before taking charge of the Madrid team, Simeone coached various Argentine teams from 2006 to 2010, including Racing Club, Estudiantes, River Plate, and San Lorenzo. Overseeing 642 matches on the Madrid bench, surpassing Luis Aragones’ 612, Simeone has secured an impressive 380 victories, with only an 18 percent defeat rate.