Massimiliano Allegri has signed a two – year contract extension as coach of Juventus , less than a week after the Turin giants lost the Champions League final for the second time in three years .

Allegri’ s deal with the club was set to expire in June2018 , but on Wednesday he agreed the two – year extension that will see him remain at the helm until 2020 .

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Although Juventus gave no financial details, media reports said Allegri is set to earn up to 6 . 5 million euros ( $ 7 . 3 million , £5 . 6 million ) a year plus 1 . 5 million in bonuses.