Steven Gerrard has become one of the highest paid coaches on the planet

The newly minted Al Ittifaq coach Steven Gerrard has become one of the five highest paid coaches on the planet, The Sun reports.

Steven Jerrad, Getty Images

According to the source, the Saudis will pay Gerrard around £15.2 million a year. Only Diego Simeone (Atletico Madrid, £30m), Josep Guardiola (Manchester City, £20m) and Jurgen Klopp (Liverpool, £16m) earn more than Steven Gerrard.

Top 5 highest paid coaches in the world:

1. Diego Simeone - £30 million;

2. Josep Guardiola - 20 million;

3. Jurgen Klopp - 16 million;

4. Steven Gerrard - 15.2 million;

5. Massimilian Allegri - 11.3 million;