Jürge Klopp has signed a three year contract extension with the Bundesliga club.
The Germany coach, who was the first manager to win the German Cup at Borussia Dortmund, will receive an annual salary of €7.3m, up from the €4.2m he will receive this season.
The 38-year-old’s contract is the club’s fourth extension and is set to expire at the end of the season.
“This contract is for me to stay for a long time,” said Klopp, who had a short spell at Borbach last season.
“It’s a big challenge for me, but I’ve come here to do this and I have a lot of things to learn.”
He said that he is still “in the process” of getting used to the club, with Dortmund having not won the Bundesliga title since 2011.
It is believed that Klopp is expected to become the third coach in Bundesliga history to leave the club after Frank Rijkaard and Michael Zorc.
Klopp will be reunited with the likes of Christian Pulisic and Ilkay Gundogan in his new role.
“I think the whole club is united with me,” he said.
“They know that I will try to be more efficient with the players and the training.
With my experience and I know what I want to do, I’m sure we will be able to make a good result in this season.”