Football: China's Evergrande says Lippi to stay on for further three years
BEIJING (AFP) - World Cup-winning Italian manager Marcello Lippi has signed a contract extension to coach Guangzhou Evergrande for three more years, the Chinese club announced on Friday, days after reports said he had turned down an offer.
Lippi, who lead Italy to glory in 2006, will remain coach of the Chinese and AFC Champions League title holders until November 2017, Evergrande said on a verified account on Sina Weibo, a Chinese equivalent of Twitter.
Evergrande broke China's 23-year Asian title drought when they clinched the continental club championship in November, with the Italian at the helm.
"We believe the successful contract extension for our world-class coaching team with Lippi at its core will help maintain our leading position," it said in the posting.