Joachim Low will oversee Germany's bid to win the next two major tournaments after extending his contract with the German Football Association (DFB) on Monday.

Low, who masterminded his country's 2014 World Cup triumph in Brazil, is now committed to the DFB for the next four years, a period that includes the 2018 World Cup in Russia and the 2020 European Championship.

The 56-year-old, who took over in 2006, has also received a pay rise, according to reports in Germany, with his new deal worth €4million a year.