According to Bild, Löw will sign on for two years more as Germany's coach ensuring much needed continuity for the Euro 2012 campaign.
He will meet with his deputies, Hansi Flick and Andreas Kopke and then manager Oliver Bierhoff to set the exact terms of his contract which will also see him asking for a salary increase ( at € 2.5 million per year at present). Theo Zwanziger, the DFB chairman will meet with the board on 30 July to come to a decision.
There are a few faultlines in the DFB, notably between Matthias Sammer who has been responsible for much of Germany's youth revival as the sports director of the U17, U19, and U21 teams and Bierhoff, the DFB's chief negotiator and dealmaker for the national team.
There is a power struggle between Sammer on one side and and Bierhoff and Löw on the other as to who gets the final say over the U21 team- the nucleus of the present German success. The league supports Sammer while the DFB that looks out for the national interest is more comfortable dealing with Löw and Bierhoff.
Sammer has made no pretensions about his Mannschaft coaching ambitions should Löw decide to step down. The DFB will have to step in and give more control to Sammer over the U21 team to assuage him over any feelings of rejection.