Jurgen Klopp will be handed a whopping £7million-a-year salary at Liverpool, immediately making him the highest-paid manager in the club's history.
The 48-year-old German replaces Brendan Rodgers, who was paid just over half (approx. £3.2m-a-year) for his three year tenure at Anfield.
The three-year deal for former Borussia Dortmund manager Klopp also puts him in the upper echelon of earners in the Premier League.
But who are the other managers earning the big bucks?
Unsurprisingly, it's the men in charge of the Champions League clubs that dominate the top spot.
Scroll through the gallery to see the top 10 earners in the top flight:
Jose Mourinho certainly better start living up to that wage sooner rather than later.
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