Atletico Madrid president Enrique Cerezo says coach Diego Simeone's new contract talks are on track. The Argentine is currently in negotiations over a new deal.

"We have been negotiating with Diego's agents for a while now and I hope that soon the negotiations will be completed," said Cerezo.

"I don't know if it will be tomorrow, next week or the week after that, but I hope Cholo remains with us."

Asked if he was confident of tying down his coveted coach to a new deal, Cerezo replied: "Of course I am."