German coach Joachim Loew will be handed a new contract as a reward for guiding Germany to the World Cup semi-finals it was reported by the normally reliable Bild on Friday.

The 50-year-old - who since replacing Jurgen Klinsmann as coach after the 2006 World Cup has taken Germany to the Euro 2008 final where like Wednesday's semi-final they were beaten by Spain - has been out of contract since June 30.