The Premier League's Ten Highest Paid Managers Have Been Revealed
Guardiola joined Manchester City in 2016 and SunSport report his pay packet adds up to £20 million-per-year.
It means he is £5 million ahead of Tottenham Hotspur manager Jose Mourinho, who signed a £15 million-per-year deal back in November.
Liverpool boss Jurgen Klopp, Brendan Rodgers and Carlo Ancelotti make up the rest of the top five.
Check out the entire list below.
10. Mikel Arteta (Arsenal)
Annual wage: £5 million
9. Frank Lampard (Chelsea)
Annual wage: £5.5 million
8. Ralph Hassenhutl (Southampton)
Annual wage: £6 million
7. Ole Gunnar Solskjaer (Manchester United)
Annual wage: £7.5 million
6. Marcelo Bielsa (Leeds United)
Annual wage: £8 million
5. Brendan Rodgers (Leicester City)
Annual wage: £10 million
4. Carlo Ancelotti (Everton)
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Annual wage: £11.5 million
3. Jurgen Klopp (Liverpool)
Annual wage: £15 million
2. Jose Mourinho (Tottenham Hotspur)
Annual wage: £15 million
1. Pep Guardiola (Manchester City)
Annual wage: £20 million
Interestingly, Leeds United manager Marcelo Bielsa is on more money than Ole Gunnar Solskjaer, Frank Lampard and Mikel Arteta.
Bielsa's name carries more weight in a coaching capacity, but it is surprising to see a newly promoted club pay more in wages than half the 'big six.'
Arteta helped lead Arsenal to FA Cup glory last season, Ole Gunnar Solskjaer took Manchester United back to the Champions League
Meanwhile, Lampard has overseen a huge summer transfer window with Chelsea with six players already arriving at Stamford Bridge.
Lampard's side welcome Liverpool on Sunday afternoon in the season's first marquee clash and it will be a tense affair.
The former England international and Klopp have gone back and forth in recent days over their respective transfer budgets.
Klopp caused quite the stir ahead of the new season after he called out other Premier League clubs for lavishly spending in the summer.
The German coach staunchly defended Liverpool's lack of activity in the window and said not all Premier League clubs are 'owned by countries' or 'owned by oligarchs' in a dig at Chelsea.
Lampard hit back at Klopp by suggesting that the Blues' summer spending spree is only following the example Liverpool set with their business over the past few windows.
"The reality is -- other than maybe Leicester, which was an incredible story -- most clubs that win the league in the modern day have recruited well and have recruited at quite a high level money-wise," Lampard said.
"You can go through the Liverpool players: [Virgil] Van Dijk, Alisson, Fabinho, [Naby] Keita, [Sadio] Mane, [Mohamed] Salah. Incredible players that came at a very high price. Liverpool have done it over a period of time.
"What we have done is come off the back of a ban and probably try to address the situation to help improve us. We know that Liverpool have spent at a high level.
"We know they have an incredible coach. We know they have incredible players.
"The really smart thing Liverpool have done is believe in their coach and believe in their system for a number of years. It's a great story but it's a story where they've spent money on players."
Featured Image Credit: PA Images
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