The 52-year-old led Inter Milan to the Serie A title last season before making his exit from the San Siro in May due to disagreements over the club’s transfer strategy.
Conte was tipped to become Tottenham manager in the summer, but Spurs were not prepared to meet the Italian’s demands at the time.
Nuno Espirito Santo’s ill-fated spell as Spurs boss came to an end on Monday after a 3-0 defeat to Manchester United at the Tottenham Hotspur Stadium.
Conte was officially announced as the new Tottenham head coach on Tuesday, with the former Juventus and Chelsea boss under contract until 2023.
The newly appointed Spurs manager has also secured a lucrative payday from the Premier League club.
According to The Daily Star, Conte has become the second highest-paid manager in the Premier League thanks to his £13m salary.
Conte falls well short of Manchester City head coach Pep Guardiola, whose annual earnings sit a hefty £19.5m.
Joining Guardiola and Conte in the top three highest-paid managers is Diego Simeone, who is on £12.5m at Atletico Madrid.
Posted below are the top 10 highest-paid managers in world football right now.
10. Carlo Ancelotti (Real Madrid): £5m
9. Thomas Tuchel (Chelsea): £5.5m
8. Mauricio Pochettino (Paris Saint-Germain): £6m
7. Julian Nagelsmann (Bayern Munich): £7m
6. Massimiliano Allegri (Juventus): £7.5m
5. Jurgen Klopp (Liverpool): £9m
4. Jose Mourinho (Roma): £11m
3. Diego Simeone (Atletico Madrid): £12.5m
2. Antonio Conte (Tottenham Hotspur): £13m
1. Pep Guardiola (Manchester City): £19.5m
Conte took charge of his first Tottenham training session on Tuesday afternoon at Hotspur Way ahead of Spurs’ Europa Conference League clash on Thursday.
The former Inter boss has vowed to create a “stable team” and wants to play “attractive football for our fans.”
Conte told Spurs TV: “My coaching philosophy is very simple: to play good and attractive football for our fans. To have a stable team, not up and down.
“I think the fans deserve to have a competitive team with a will to fight. I will do everything to deserve their support. This type of situation pushes you and increases the desire to work and to do something important for the fans of this club.
“This is a great opportunity, an honour to become the manager.”
Featured Image Credit: PA