Diego Simeone has signed a new contract with Atletico Madrid, seemingly putting an end to rumours that the Argentine could replace Arsène Wenger at Arsenal in the near future.

Metro report that the Atletico boss has committed another three years to the club, signing a contract to 2020. Simeone has been managing Atletico since 2011 and spent four-and-a-half years in Madrid as a player. Overall he’s made a big commitment to the club.

Of course, it’s still not quite as long as Arsène Wenger’s reign at Arsenal, with the Frenchman entering his 22nd year at the club. But whilst Simeone’s new deal is likely to provoke a very positive fan response, Wenger’s decision to stay was met with much more negativity.

On the upside for supporters who want the 47-year-old in, Wenger’s current deal will end in 2019, meaning Simeone would only have a year left on his contract and could potentially be lured away.

The Atletico boss has drawn interest from clubs all around Europe for what he has achieved in La Liga – winning the league title, Europa League and Copa Del Rey – despite the continued dominance of Real Madrid and Barcelona in Spain.

Arsenal may have competition for his signature as a result.