The Football Association board have approved a deal that will see Capello earn £4million annually after tax - the same as England captain John Terry´s £130,000-a-week.
FA director of communications Adrian Bevington said: "Discussions have continued throughout Thursday between the FA and Fabio Capello´s advisors. The FA board has also approved Capello´s appointment as England manager subject to the successful conclusion of these contract negotiations."
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