Former Liverpool manager, Jurgen Klopp, will earn up to €12m a year in his new role with Red Bull.
Klopp has been appointed as Red Bull’s Global Head of Soccer this week.
However, he will officially begin the new role in January 2025.
According to Sky Germany, Klopp has agreed a financial package which would see him net between €10 million and €12m (£8.3m/£10m) annually.
There is also a verbal agreement which allows Klopp to accept any concrete offer he receives.
The 57-year-old is believed to be holding out for an opportunity to manage the German national side.