Roberto Mancini was reportedly earning around £21million a year in his lucrative job with Saudi Arabia, but has had his contract terminated after just 14 months in charge following seven wins from 18 games

Manchester City boss Pep Guardiola is now the highest-earning manager in the world after Roberto Mancini was sacked by the Saudi Arabia national team.

Mancini was reportedly earning around £21.5million a year in his lucrative job but has had his contract terminated after just 14 months in charge following seven wins from 18 games – including an exit from the Asia Cup in the last-16.

He also complained over the amount of foreign signings arriving in the Saudi Pro League, which was limited the amount of minutes his first team players were getting, and his exit now leaves Guardiola as the top earner on around £20m.

Guardiola’s future at City is uncertain, with his contract expiring next summer, and the Spaniard said he hasn’t decided on whether he will stay – but for now he is by far the biggest earning manager.

In second place is Arsenal boss Mikel Arteta, who recently signed a contract extension that reportedly increased his salary from £9m to £15m.

Rounding off the top three is Atletico Madrid boss Diego Simeone, who was previously understood to be one of the highest paid managers in the world, but lowered his salary last year from £16m a year to £13m a year.

Simeone edges out his managerial rival Carlo Ancelotti, with Real Madrid said to be paying him £9.6m a year after handing him a contract extension last season.

In fifth is Jose Mourinho, with Turkish media claiming he is raking in £8.7m a year after joining Fenerbahce this summer – showing the “Special One” still commands respect even though he is not managing one of the world’s top clubs.

Former Benfica boss Jorge Jesus is now with Saudi Arabian side Al Hilal – who won the Saudi Pro League last year – and he’s reportedly picking up £8.4m a year to coach the team that boasts Neymar, Ruben Neves and Joao Cancelo.

1. Pep Guardiola (Man City) – £20m a year

2. Mikel Arteta (Arsenal) – £15m a year

3. Diego Simeone (Atletico Madrid) – £13m a year

4. Carlo Ancelotti (Real Madrid) – £9.6m a year

5. Jose Mourinho (Fenerbahce) – £8.9m a year

6. Jorge Jesus (Al-Hilal) – £8.4m a year

7. Luis Enrique (PSG) – £7.5m a year

8. Arne Slot (Liverpool) – £6.8m a year

9. Erik ten Hag (Man Utd) – £6.8m a year

10. Vincent Kompany (Bayern Munich) – £6.7m a year

In seventh place is Luis Enrique, who earns around £7.5m a year, according to the Sun, with Premier League rivals Arne Slot and Erik ten Hag level in the standings. They are said to be paid around £6.8m each by Liverpool and Manchester United respectively.

Completing the top ten is Vincent Kompany – whose Bayern Munich salary hands him around £6.7m a year, with the Belgian potentially earning £7.67m a year with add-ons included.

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