Reports: Simeone nearing extension with Atletico Madrid through 2020

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The short-term news is that Diego Simeone’s Atletico Madrid is onto the quarterfinals of the UEFA Champions League, and the long-term says that “Cholo” will be managing the club well into the future.

Tipped for nearly every big-name job on the market from Manchester City to Barcelona, Simeone is close to an extension to keep him at the Vicente Calderon until 2020.

[ MATCH RECAP: Atletico 1-0 (1-1) Bayer ]

That also could just serve to make the buyout even higher should those suitors come calling.

Keeping Simeone would be a big win for Atletico Madrid, which is in fourth place in La Liga and alive in the UEFA Champions League despite selling Diego Costa and Felipe Luis to Chelsea and losing Thibaut Courtois to the Blues’ loan recall. Javi Manquillo’s been loaned to Liverpool and Toby Alderweireld to Southampton.

But ‘El Cholo’ plays on, and on.