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Jose Mourinho Takes A £3.5m-a-Year PAY CUT To Join Roma
Jose Mourinho has taken a significant pay cut to become Roma’s new manager, earning £3.5million-a-year less than he did at Tottenham
Mourinho made a shock return to management on Tuesday with the Italian giants just weeks after being sacked by Spurs after a bitterly disappointing Premier League and Europa League campaign.
The 58-year-old former Manchester United, Chelsea and Real Madrid manager will take over from Paulo Fonseca at the end of the season, signing a deal in Rome until 2024.
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But Mourinho has taken a drastic pay cut to return to Serie A, earning €7.5m (£6.5m) per season in the Italian capital. That is a drop of £3.5m on the £10m-a-year basic salary he earned in north London.
Roma were able to hire Mourinho because they are able to take advantage of tax breaks from the Italian Growth Decree. It means they are given a tax discount of around 30 per cent on his wages.
As part of Mourinho’s contract, he will earn more money in bonuses if he can lead Roma to Italian or European glory during his time in charge.
Reports in Italy also claim Mourinho’s total financial package will cost Roma around €10m (£8.6m).
But it is also reported that Spurs will continue to pay some of his salary. As part of the contract he signed with Spurs until 2023, they will pay Mourinho €9m (£7.7m), to ensure he receives the same salary he had in London.