According to a report in the Daily Mirror, Ronald Koeman is set to earn £6 million-a-year at Everton.
The Toffees are closing on a deal to appoint Southampton boss Koeman as their next manager, after he was made their top target to replace Roberto Martinez.
Koeman initially seemed to reject Everton’s interest, with a year left on his contract at Southampton, but he has reportedly been tempted by the package on offer at Goodison Park.
Everton are willing to pay £3.5 million in compensation to Southampton to Koeman, and they are reportedly very confident of persuading the 53-year-old to join.
Not only will Koeman become the highest paid manager in Everton history, he will also be handed a huge transfer budget to improve the Merseyside squad.
The Mirror claim that Everton will offer Koeman in excess of £100 million to make the necessary renovations needed.
Everton finished in 11th place in the Premier League last season, but they are determined to challenge for a top six place next time around.