United plan to make Ferguson highest-earning manager in EPL history with contract worth around �6.5 million
Manchester United are in talks with Alex Ferguson to reward him with a pay hike that will make him the highest paid boss in Premier League history. Ferguson has been offered a �6.5 million-a-year basic contract supplemented by up to �1m worth of bonuses for a trophy clean sweep.
Going strong: Man Utd manager Alex Ferguson. Pic/Getty Images
His deal will remain on the same one-year rolling terms that he first committed himself to in 2004 but the new offer represents a 60 per cent pay hike on his current �4m-a-year contract rising to �5m. The structure of the �1m top-up bonuses would remain unaffected by the new agreement. United want Ferguson to formally accept the offer by the summer.
Ferguson's pay hike will leapfrog him above Arsene Wenger to become the best paid manager in the Premier League and will be worth more than the �6.5m-a-year salary that Carlo Ancelotti earned at Chelsea.
The Scot was told by United chief executive David Gill last October that the Glazer family wanted to recognise his phenomenal achievements, which have included a Champions League crown and four Premier League titles since the Americans took full control of the club.
At the time the Glazers were in the dark about the United manager's long-term plans but since making the offer to Ferguson's camp, he has come out publicly and said that he hopes to have three more years in charge. A United source said: "The Glazers were not sure of Ferguson's plans so asked David Gill to tell him that his achievements over all these years would be recognised with a deal that would make him the best paid manager in British football."
Ferguson's salary is currently relatively meagre compared to his managerial colleagues, who have been less successful in trophy terms. Somewhat perversely, Juande Ramos was believed to be the highest earning Premier League manager during his 12-month spell at Tottenham, earning a �5.8m-a-year wage.
Highest earning managers 1: Jose Mourinho *Club: Real Madrid (Spain) *Salary: �11.2m (R873,639,880)
2: D Maradona *Club: Al-Wasl (Qatar) *Salary: �9.9m (R772,235, 251)
3: Pep Guardiola *Club: Barcelona (Spain) *Salary: �8.7m (R678,630,978)
4: Fabio Capello *Team: England *Salary: �6m (R468,021,364)
5: Arsene Wenger *Club: Arsenal (England) *Salary: �6m (R468,021,364)
6: C Ancelotti *Club: Paris St-Germain (France) *Salary: �4.9m (R382,217,447)
7: Luis Scolari *Club: Palmeiras (Brazil) *Salary: �4.4m (R343,215,667)
8: A Villas-Boas *Club: Chelsea (England) *Salary: �4.3m (R335,415,311)
9: Alex Ferguson *Club: Man United (England) *Salary: �4m (R312,014,243)
10: R Mancini *Club: Real Madrid *Salary: �3.8m (R296,413,530)