Atletico Madrid's coach Diego Simeone has renewed his contract until 2020, the club said on Tuesday.

The popular Argentine manager was appointed in 2011 and helped Atletico to win the league in 2014, as well as reaching two Champions League finals, both of which ended in defeats by rivals Real Madrid.

"He started his seventh campaign as Atletico manager this season, the coach in La Liga with the most time at the helm of his team, and only Arsene Wenger (at Arsenal) beats him in terms of elite European sides," said Atletico in a statement.