Diego Simeone has boosted LaLiga champions Atletico Madrid by extending his contract with the club until 2024.

The Argentine coach is approaching 10 years in charge at Atletico, having been appointed in December 2011, and in that time he has established the Rojiblanco as serious rivals to the big two in Spain and as a European force.

He has led Atletico to league titles in 2014 and this year, as well as winning a Copa del Rey and the Europa League twice.

Simeone also helped Atletico reach the Champions League final in 2014 and 2016, losing on both occasions to Real Madrid.

The 51-year-old was contracted until 2022 and it emerged earlier this year that Atletico were making moves towards prolonging his stay.

Confirmation of his new deal came on Thursday, as the club said in a statement: "Diego Pablo Simeone has signed a contract extension until June 30, 2024.

"Since the Argentine joined in 2011, we have enjoyed one of the most successful phases of our club's history – winning eight trophies in the process.

"During this period, Simeone has become the coach who has won the most titles (eight) and games (316) in our club’s history.

"The members of his coaching staff have also signed contract extensions until 2024. Oscar Ortega, Pablo Vercellone, Nelson Vivas and Hernan Bonvinvini have also played a big role in our recent success."

Atletico have qualified for the Champions League for nine consecutive seasons, a performance that has led Simeone to be rated by some as a rival to Manchester City's Pep Guardiola as the best club boss in the game.

Reports have claimed Simeone was the world's best-paid coach under the terms of his previous deal.

His well-drilled team won LaLiga last term by conceding just 25 goals in 38 games.