Gareth Southgate signs a new three-year England contract that could see him earn around £5m-a-year as he targets World Cup glory in Qatar after suffering heartbreak in the final of Euro 2020

 Gareth Southgate has signed a new three-year contract as England manager that will take him beyond the next European Championships in the summer of 2024.

Southgate - the most successful England manager since World Cup winner Sir Alf Ramsey in 1966 - has been rewarded for his work taking the national team to the finals of Euro 2020 this summer.

The 51-year-old currently earns £3m a year but his deal includes a significant increase on that figure. It is thought he will now earn in the region of £5m a year if performance bonuses are yet.

England manager Gareth Southgate has signed a new three-year contract with the FA

England manager Gareth Southgate has signed a new three-year contract with the FA

The Three Lions manager saw his side qualify for the 2022 World Cup in Qatar last week

The Three Lions manager saw his side qualify for the 2022 World Cup in Qatar last weekSportsmail revealed earlier this month that Southgate had agreed a deal in principle and that it would be announced once qualification for next winter's World Cup in Qatar had been secured.This contract will see Southgate and his assistant Steve Holland - who has also signed a new deal - take the team to Qatar and then in to the European Championships in Germany that follow in the summer of 2024.

Today Southgate said: 'I am delighted that Steve and I have been able to increase our stay in our respective roles.

'It remains an incredible privilege to lead this team. We have a great opportunity in front of us.'

Southgate will want to go one step further in Qatar after the Euro 2020 final loss this summer

Southgate will want to go one step further in Qatar after the Euro 2020 final loss this summer

Southgate originally took charge of the England team in a temporary capacity after Sam Allardyce left the post after just one game in September 2016. He then signed a contract to do the job full-time two months later.

In his five years as coach Southgate has taken England to the World Cup semi-final in Russia in 2018 and to July's Euros final against Italy at Wembley. 

He also led England to the finals of the inaugural Nations League in summer 2019.

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