Simeone questions future with Atletico

Diego Simeone (right) with Atletico Madrid forward Fernando Torres

Atletico Madrid manager Diego Simeone says he will "start thinking" about his future with the club after Saturday's Champions League final defeat.

Atletico lost 5-3 on penalties to Real Madrid after the match at Milan's San Siro finished 1-1 after extra time.

It is the second time in three seasons Simeone's side have lost to their La Liga rivals in the final, following the 4-1 extra-time defeat in 2014.

"Losing two finals is a failure," said the Argentine, in charge since 2011.

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Simeone - who guided Atletico to their first La Liga title since 1996 in 2014 - was linked with Chelsea