Football management is a lucrative profession but you need to be the best to reach that position. Luckily, the ones who do get hired, also get paid handsomely. Of course, the levels differ as per the financial landscape of each country. The European powerhouses like Spain, Germany or France are able to pay their coaches much more than some of the less popular footballing nations like Croatia or Iceland.
A ridiculous hike in payment up in the Far East have been noticed, where Chinese footballers and coaches get paid ludicrous sums of money. Legendary Italian coach, Marcello Lippi was reportedly paid $28 million (£21m) a year to head the Chinese national team.
And yet, who are the highest-paid football managers at Euro 2020? Here is the detailed list provided by sillyseason.com.
Germany head coach, Joachim Low is the highest-paid head coach leading a team in the Euro 2020 with an annual salary of €3.85 million. He is followed by 2018 World Cup winner, France’s Didier Deschamps, who earns £3.5 million annually.
At the number three spot is Spain’s Luis Enrique, who replaced Julian Loptegui after the former’s sacking ahead of the World Cup. Enrique, the former Barcelona manager earns north of €3 million per year and after him, comes Portugal boss, Fernando Santos at around €2.5 million.
Russia are said to be paying Stanislav Cherchesov a fee of €2.6 million a year. He justified that figure by easily qualifying for the Euro 2020. Goal.com thinks such a high figure is not surprising when considering the amount of money Russian clubs like Zenit St Petersburg are splashing around.
One name who is a shock miss in the top five has to be England boss, Gareth Southgate. With the financial pedigree of the country’s top division football leagues, one ought to think the head coach will be paid in relative amounts. Southgate comes in at sixth with a recorded salary of €2.1 million (£1.8m or $2.3m) a year.
Even the coach leading the current best team in Europe, according to the recent FIFA rankings, Roberto Martinez is only earning £515,000 a year to lead the Belgium Red Devils.