Ranking the The 5 highest paid football managers in the world

• The highest-paid manager in world football is Diego Simeone
• Man City's Pep Guardiola is the highest-paid manager in England
• Steven Gerrard is the fourth highest-paid manager in world football

Being a football manager is a challenging undertaking, often characterized by immense pressure and limited rewards.

Unless a manager voluntarily retires or resigns, they risk being dismissed as soon as results fall below expectations.

However, managing at the highest level comes with lucrative compensation if one proves to be proficient.

The world of football is currently witnessing an influx of staggering amounts of money, with both players and managers commanding substantial salaries.

The financial landscape has continually expanded, especially with Saudi Pro League clubs offering substantial contracts to attract renowned figures like Steven Gerrard.

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The question remains: who are the most handsomely paid managers in global football? Sports Brief has unveiled the six highest-earning coaches in the world of football.

Diego Simeone - Atletico Madrid (£30m a year)

Surprisingly, the Atletico Madrid manager holds the distinction of being the world's highest-paid coach. Diego Simeone achieved La Liga triumph by overcoming both Barcelona and Real Madrid on two separate occasions.

However, recent times have brought challenges to his doorstep, and in the current season, Atletico finds themselves trailing considerably behind the current La Liga leaders, Girona.

Pep Guardiola - Manchester City (£20m a year)

Fresh from a triumphant campaign that saw a treble victory, one might presume Guardiola holds the title of the highest-paid manager globally. However, he secures the second spot overall, claiming the premier position in England.

With an impressive track record of four league titles in the last five seasons, it's evident why he commands such an enormous salary, particularly given the widespread fan acknowledgement of him being considered the current best manager in the world.

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Jurgen Klopp - Liverpool (£16m a year)

Currently, the third-highest-paid coach in global football, though this status may soon change. Despite Liverpool's historical tendency to avoid extravagant player wages, they've made a unique exception to retaining Klopp's services for the past nine years.

Undoubtedly, the German justifies his salary, having achieved significant success at Anfield since taking charge in October 2015, including securing the club's first Premier League title.

Steven Gerrard - Al Ettifaq (£15.2m a year)

With no victories since October against Al-Wehda, there's a legitimate reason for many to question why he commands such an astonishing salary.

The recent contract extension implies that he has a window to reverse his fortunes, but should there be no improvement, anticipate his departure from both his position and the list of top earners.

Max Allegri - Juventus (£11.3m a year)

In spite of Juventus' financial challenges, the Bianconeri have consistently invested significantly in Allegri, positioning him among the top five highest-earning managers in 2024.

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Although he led the team to a period of dominance in his initial tenure, securing six Scudettos in as many seasons and reaching two European finals, his return to the club for a second stint has not yielded the same level of success.