Brendan Rodgers has signed a new five-and-a-half year deal with Leicester, effectively ending the speculation linking him to the vacant managerial position at Arsenal.
As well as putting a stop to these rumours, Rodgers' new deal also sees him earn a massive £10 million-a-year, or almost £200,000-a-week.
Despite his new bumper deal, however, the Foxes manager is still nowhere near the highest paid manager in the Premier League.
Below, we take a look at the top 10 highest paid managers in British football, and break down their weekly earnings.
10. Sean Dyche - £3.5 million
Somewhat of a surprise appearance on this list to many, we're sure, Dyche's £67,000-a-week sees him edge into our countdown, and ranks him as one of the highest earners at his club full stop.
Whilst a shock at first, few could argue that Dyche hasn't earned his money, helping to transform Burnley from a mid-table Championship side upon his arrival in 2012, to a team who finished seventh in the league just five years later.
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Also leading The Clarets into the Europa League, the former centre back is an undoubted fan-favourite amongst both his own club's supporters, as well as fans of the league as a whole.
9. Eddie Howe - £4 million
Another manager who has led his club into pastures new, Eddie Howe has overseen two promotions at current club Bournemouth, at whom he also spent most of his playing career.
Currently in his second stint in the driving seat at the club - having also taken over from 2008 to 2011 - Howe has helped to establish Bournemouth as a solid mid-table Premier League side, earning £77,000-a-week as a thank you for doing so.
Linked to a host of other jobs over the past few years, Howe remains firmly in the running for the vacant Arsenal job, and has also been linked to Everton and Tottenham in the past.
8. Frank Lampard - £5.5 million
The first manager on our list to break the six figure-a-week benchmark, Lampard's return to Chelsea as a manager as opposed to player has seen him earn an impressive £105,000 a week.
Having only managed at Championship side Derby previously, Lampard has quickly established himself as one of the world's most promising young managers.
Currently trying to drag his beloved Chelsea into one of the fiercely-contested top four spots this year, don't be surprised to see Lampard earning even more in the future.
7. Ralph Hasenhuttl - £6 million
Another surprising name on this list, former RB Leipzig manager Hasenhuttl will be feeling the pressure to deliver this year, having signed a £115,000-a-week deal upon his arrival in 2018.
With his Southampton side currently languishing in 18th place in the Premier League, much of the judgement of success this year for the Austrian will come from his ability to stave off relegation for The Saints.
If he is to keep his side up, you will likely find few complaints amongst their fan base. If the tough times are to continue however, expect serious questions to be asked of Hasenhuttl as the season progresses.
6. Manuel Pellegrini - £7 million
A familiar name to all Premier League fans after his successful stint as Manchester City manager, Pellegrini is still earning almost £135,000-a-week at West Ham.
Having also managed in China after leaving the Blues, Pellegrini was also rumoured to be earning £150,000-a-week whilst at Hebei Fortune, so is certainly used to taking home bumper pay packets.
Similar to many of the above names however, with the great pay comes great expectations, and after a strong start to life at West Ham things have been a lot more difficult in recent months.
=4. Ole Gunnar Solskjaer - £7.5 million
Another returning legend to their club, after impressing on an interim basis after Jose Mourinho's much-publicised departure, Solskjaer certainly has the backing of the board if his contract is anything to go by.
Equating to a little under £145,000-a-week, Solskjaer's deal runs until 2022 - although if he were to turn the club's fortunes around as many are hoping he will be able to do, this is a near-certainty to be extended.
Whilst far from a lowly amount, Ole's contract does pale in comparison to his predecessor's, with Jose Mourinho taking home a reported £350,000-a-week whilst in charge of The Red Devils.
=4. Jurgen Klopp - £7.5 million
A topic of controversy for many fans, Klopp takes home the same £145,000-a-week as Solskjaer, and sees his weekly wage ranked just joint-fourth in the Premier League table.
Having spearheaded Liverpool's renaissance from perennial under-performers to champions of Europe once again, many would expect the affable German to rank a little higher on this list.
Given Liverpool's form once again this season, however, and their unrelenting march towards domestic as well as European glory, expect this figure to be revised very soon.
3. Brendan Rodgers - £10 million
This season's man-in-demand, Rodgers new £192,000-a-week deal places him amongst the highest earning managers in world football.
Reportedly doubling his previous salary, the Northern Irish manager's new five-and-a-half year deal is a strong statement of intent from the 2015/16 champions, and also a bitter blow to those hoping to prise him away.
If Rodgers is able to maintain their march to a top-four finish this season however, the added millions will soon look money well spent already.
2. Jose Mourinho - £15 million
The second time Mourinho's name has appeared on this list, albeit for his current club this time, Mourinho's appointment at Tottenham has captured the imagination of fans all around the country.
Whilst some are claiming this is finally the project he can stick with for a decade, others claim it's an inevitability to end poorly for both sides - given Mourinho's track record.
Regardless of what the future may hold for Mourinho, the enigmatic Portuguese will be taking home £288,000-a-week for the forseeable future - one of the largest contracts in managerial history.
1. Pep Guardiola - £20 million
Perhaps the least shocking name on the list for his position - but the most shocking for his wage! - Guardiola takes home an astounding £385,000-a-week from his current employers Manchester City.
Despite this astronomical figure, an unprecedented 198 points and consecutive Premier League titles across the past two seasons has seen Guardiola firmly cement his name into the British footballing history books.
With questions still lingering over his ability to perform in Europe however, and City's struggles to keep the pace with their Liverpudlian rivals, things are far from rosey for the former-Barcelona manager this year - and some fans are beginning to turn already.News Now - Sport News