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Ancelotti, Juventus Agree On Contract Extension

TURIN, Italy (February 24, 2001 4:53 p.m. EST http://www.sportserver.com) - Juventus coach Carlo Ancelotti has extended his contract with the Turin giant until June 30, 2002, the club revealed on Saturday.

Details of the deal were not revealed, but negotiations have been ongoing for nearly three months as the 42-year-old Ancelotti was demanding a better financial deal before signing.

As a player Ancelotti was a member of the Milan team that became the top side in the world in the late 1980s and early 1990s.

He also played in the last Roma side to win the Scudetto in 1982-83.

He took over at Juventus midseason 1999 following the departure of Marcello Lippi, who resigned on the night of a home defeat to Parma.

Ancelotti, who has also coached Reggiana and Parma, was reported to have received offers from rival Serie A sides and from Spanish outfit Barcelona over the past few weeks.


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