Top 10 Best Paid Managers in the World As Gerrard Climbs to 4th After Saudi Move

• inSteven Gerrard has joined the elite group of best-paid managers in the world
• The Liverpool legend sealed a big-money move to Saudi side Al-Ettifaq
• The ex-midfielder will be pocketing around £15.2 million per year at the club

Liverpool legend Steven Gerrard has become the fourth-best paid manager in the world following his big-money move to Saudi Arabia.

Gerrard has been out of job for close to a year after he was sacked at Aston Villa back in October 2022.

According to Sky Sports, the former midfielder was shown the door at Villa Park after a disastrous run of results that had seen the club record six defeats in 11 Premier League outings.

However, the Englishman is back in the dugout after he recently landed a lucrative deal with Saudi side Al-Ettifaq.

It is understood that Gerrard is set to bank an eyewatering £15.2 million per year at the club, making him the fourth highest-earning manager in the world.

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Who are the most paid managers?

The Mirror reports that Atletico Madrid manager Diego Simeone remains the best-paid manager in world football despite a few lucrative moves in recent years.

The Argentine has enjoyed plenty of success with the Spanish capital since he took charge in 2011.

Simeone has won two La Liga titles with Atletico, the Copa del Rey, and two Europa League trophies and has led the side to two Champions League finals.

The former player is understood to be pocketing around £30m per year, which translates to around £2.5m per month.

Manchester City boss Pep Guardiola is placed second on the highest earners charts, with the Spaniard banking around £20m per year at Etihad Stadium.

Liverpool's Jurgen Klopp and Max Allegri of Juventus complete the top five podium.

Below are the top 10 best-paid managers in the world (wages per year) per The Sun:

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1. Diego Simeone (Atletico Madrid) - £30m

2. Pep Guardiola (Man City) - £20m

3. Jurgen Klopp (Liverpool) - £16m

4. Steven Gerrard (Al-Ettifaq) - £15.2m

5. Max Allegri (Juventus) - £11.3m

6. Thomas Tuchel (Bayern Munich) - £10.6m

7. Mauricio Pochettino (Chelsea) - £10.4m

8. Carlo Ancelotti (Real Madrid) - £9.6m

9. Erik ten Hag (Man United) - £9m

10. Simon Inzaghi (Inter Milan) - £8.8m

Gerrard joins Saudi influx list

Sports Brief previously reported that Gerrard was the latest European elite sportsman to join the ongoing Saudi football revolution.

Loads of stars from Europe’s elite clubs have made what initially was a shocking transfer switch to the Middle East.

The long list of football stars to switch to the Saudi league includes Cristiano Ronaldo, Karim Benzema, N'Golo Kante, Marcelo Brozovic, and Ruben Neves, to name a few.