Gerrard signed a new contract earlier this week, despite a dismal run of form that has seen Ettifaq go nine games without a win, and the loss of Jordan Henderson, who terminated his contract and joined Ajax. The club are currently eighth in the Saudi Pro League, 28 points behind leaders Al-Hilal. However, TalkSPORTreports that Gerrard's new deal, which is a two-year extension, is worth a staggering £15m ($19m) per year.
L'Equipe published a list of managerial salaries in March of last year, ranking Guardiola's salary at £19m ($24m) and Klopp's also at £15m. Gerrard would be the fourth-highest paid manager in the world according to that list, with Diego Simeone on top with his £30m ($38m) yearly Atletico salary.