Gareth Southgate set to sign two-year contract extension as England manager

Southgate took charge of England in 2016

Gareth Southgate is set to sign a two-year contract extension that would see the England manager lead the Three Lions to the end of Euro 2024, as per The Telegraph. It is believed that Southgate's improved deal could see the 51-year-old earn an additional £5million in bonuses, including a £2million pay rise should he win the World Cup next year. That pay rise would see the former Middlesborough boss match the record-breaking salary of £6m-per-year that ex-manager Fabio Capello earned when he was in charge of the national side from 2007-2012. Negotiations between Southgate and FA technical director John McDermott have been taking place in recent weeks, with an announcement thought to be close. The FA, however, have refused to comment on the situation. The 51-year-old has been keen to reiterate that his focus is completely on securing qualification for next year's World Cup, with both parties understood to want to have that secured before announcing any new deal. The Three Lions can secure their spot at the prestigious tournament if they win their next two qualifiers, which continue tonight (12 November) against Albania at Wembley, before England face San Marino on Monday. [caption id="attachment_299572" align="alignnone" width="2048"] Southgate's assistant  - Steve Holland - is also expected to have his contract extended. (Photo by Michael Regan/Getty Images)[/caption]

It is also expected that Southgate's assistant  - Steve Holland - will have his contract extended, with the former Chelsea coach responsible for crucial tactical ploys in recent years, featuring as a key member of the manager's backroom setup.

Since Southgate took charge of England in 2016, he has guided the Three Lions to the final of Euro 2020 this summer, as well as the World Cup semi-finals in Russia in 2018.

Under his management, England have also climbed up to No 5 in FIFA's World Rankings.

If Southgate sees out his new contract, he will have spent 13 years with the Football Association - including his previous stints as head of elite development and Under-21 manager - with just Sir Bobby Robson, Sir Alf Ramsey and Walter Winterbottom managing more international matches for England.

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