The coach was not the first pick for many when he was named as successor to Sam Allardyce, but has sparked a renaissance of the English national team.
The 'Three Lions' managed to get to the semi-finals of the World Cup for the first time in 28 years this summer in Russia, and it appears as though he will be rewarded for his efforts.
Southgate will be in the job for another four years, meaning he will be in charge at the next World Cup in Qatar, and will recevie a pay rise to £3 million per year according to the 'Daily Mail'.
A squad announcement for the upcoming international fixtures will follow the news, with several England stars out injured such as Dele Alli and Jesse Lingard, youngster James Maddison could get his first call up to the senior squad after impressing for Leicester in the Premier League this season.