Top 5 highest paid managers in the world

According to the reports, Arsene Wenger is close to agreeing a new three year contract at Arsenal.

The Gunners coach is already one of the top paid coaches in the world, but which five receive the biggest salaries in world football?

Find out below.

Salary figures from Marca and Daily Mail.

5. Carlo Ancelotti (Real Madrid)
€7.5 million per season (approximately £6.3m)

4. Arsene Wenger (Arsenal)
€9.3 million per season (approximately £7.8m)

3. Marcelo Lippi (Guangzhou Evergrande)
€10 million per season (approximately £8.4m)

2. Pep Guardiola (Bayern Munich)
€13.5 million per season (approximately £11.3m)

1. Jose Mourinho (Chelsea)
€16.3 million per season (approximately £13.7m)