Al-Ettifaq manager, Steven Gerrard, is currently the fourth highest-paid manager in world football, the UK Sun reports.
The former Liverpool captain earns an eye-watering £15.2m annually in Saudi Arabia.
Gerrard signed a three-year deal with Al-Ettifaq as he made a return to management following spells with Rangers and Aston Villa.
His contract sees him earn £15.2m each year of his deal, which works out at around £1.26m per month.
Atletico Madrid boss, Diego Simeone, remains the highest-paid with a £30m pay packet.
The Premier League duo Pep Guardiola and Jurgen Klopp make up the top three, as they are paid £20m and £16m by Manchester City and Liverpool respectively.