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Claudio Ranieri signs new contract at Leicester City

Leicester City v Everton - Premier League

LEICESTER, ENGLAND - MAY 07: Captain Wes Morgan and manager Claudio Ranieri of Leicester City lift the Premier League Trophy after the Barclays Premier League match between Leicester City and Everton at The King Power Stadium on May 7, 2016 in Leicester, United Kingdom. (Photo by Laurence Griffiths/Getty Images)

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Dilly ding dilly dong.

It was announced on Wednesday that Claudio Ranieri has signed a contract extension with Leicester City to stay on as their manager until 2020.

[ MORE: Every PL season preview ]

Ranieri, 64, masterminded an incredible Premier League title win from the Foxes last season which was their first top-flight title in their 132-year history.

Reports have speculated that Ranieri’s salary has doubled due to the new deal, with the former Chelsea boss now being paid over $3.9 million per season.

The much-traveled Italian coach has found a place in the hearts of soccer fans across the globe due to the exploits of his team last season, with Ranieri’s friendly demeanor and hilarious catchphrases adored by all.

Speaking about his new contract, the Italian tactician revealed his delight.

“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,” Ranieri said. “I am very happy and proud that I will be part of it for years to come. 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.”

Ranieri has only lost N’Golo Kante from this title-winning squad and the Foxes boss has a UEFA Champions League campaign to look forward. Leicester has never competed in the UCL before and although there’s plenty of excitement around the King Power Stadium at the moment, Ranieri is still adamant that the goal for this season is to survive in the Premier League by getting 40 points on the board as soon as possible.

Oh Claudio, never change.

It’s quite possible that at the end of his tenure at Leicester, or before that, a statue of the Italian will be erected in the Midlands city. What he achieved in his first season of his second spell back in the Premier League stunned everyone. Let’s see what he can do over the next four years with the Foxes.

Follow @JPW_NBCSports