Leicester's head coach Italian Claudio Ranieri reacts during the 2016 International Champions Cup friendly football match between FC Barcelona and Leicester City at Friends Arena on August 3, 2016 in Solna, Sweden. / AFP / JONATHAN NACKSTRAND (Photo credit should read JONATHAN NACKSTRAND/AFP/Getty Images)

Claudio Ranieri has agreed to a new to a new four year deal with Premier League champions, Leicester City.

The new deal will see him at the helm at Leicester until at least 2020 and is believed to be worth £3 million per season.

“From the moment I talked to the owners about their vision for Leicester City, I knew it was something I wanted to be part of for a long time. The energy that exists at this Club – from the owners and the staff, to the players and supporters – is something very special. I am very happy and proud that I will be part of it for years to come," Ranieri told the club's website.

“Last season, that spirit and our hard work helped us to achieve something magical. If we can continue to work hard, maintain our passion and continue to fight with all our hearts, I am sure we can continue to be successful together.”

Leicester begin their title defence this Saturday against Hull City.