epa09426796 Milan's Italian coach Stefano Pioli (left) and English defender Fikayo Tomori celebrate after the Italian Serie A soccer match UC Sampdoria and AC Milan at Luigi Ferraris stadium in Genoa, Italy, 23 August 2021. EPA-EFE/SIMONE ARVEDA

Milan coach Stefano Pioli is reportedly close to a new contract extension at the club until June 2024, which would improve his salary.

Since taking over from Marco Giampaolo in October 2019, Pioli has amassed an average of 1.97 points per Serie A game.

They are currently joint Serie A leaders with Napoli and back in the Champions League for the first time in seven years, all with a far smaller transfer budget than many of their rivals.

The 56-year-old is currently only under contract until June 2022 and earns just €2m per season net, the same salary as Sinisa Mihajlovic at Bologna and Torino’s Ivan Juric.

Director Paolo Maldini and the coach himself have confirmed negotiations are going well for a new contract.

According to Calciomercato.it, the only sticking point remains getting the all-clear from Elliott Management for the increase in wages.

Pioli will still be a very long way off the top-earning coaches in Serie A, who are Max Allegri at Juventus and Roma’s Jose Mourinho, both picking up €7m per season net.

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