Bayern Munich pay Pep Guardiola £14.8m a year, making him the best paid in the World.

Three of the next four spots go to Premier League managers with Chelsea the second biggets payers, followed by Arsenal in third and Manchester United in fifth.

Eyewatering amounts but when clubs are paying astronomical transfer fees and wages out for players, any sensible club is going to pay their manager accordingly.

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This is the top ten in the World with figures compiled by sports website Turnstyle:

1st £14.8m Pep Guardiola (Bayern Munich)

2nd £13.4m Jose Mourinho (Chelsea)

3rd £8.0m Arsene Wenger (Arsenal)

4th £7.8m Carlo Ancelotti (Real Madrid)

5th £7.5m Louis van Gaal (Manchester United)

6th £7.0m Luis Enrique (Barcelona)

7th £6.5m Fabio Capello (Russia)

8th £6.2m Andre Villas-Boas (Zenit St Petersburg)

9th £4.3m Roberto Mancini (Inter Milan)

10th £4.0m Jurgen Klopp (Borussia Dortmund

We are reliably informed that a little bit further down the list is….

1753rd Minimum wage John Carver (Newcastle United) plus is keeping NUFC in the Premier League the United Head Coach is entitled to a pack of five pairs of white sports socks from Sports Direct, plus any two t-shirts from the two for a pound range.

Whilst we aren’t privy to what Mike Ashley is paying John Carver, it won’t be too far off the mark if we guess that his yearly pay will amount to around a week or two of Fabricio Coloccini’s eighty grand a week.

When Alan Pardew moved to Crystal Palace it was reported that he’d trebled his pay.

Yet another reason why the way Newcastle United is being ran is sure to end in disaster, sooner or later.