Fabio Capello is expected to sign a two-year deal with the Russian Football Union, will reportedly earn $12mln as head coach of the Russian national team.
According to the Daily Mail, the Italian will earn twice as much as he did, when he was at the helm of the English national football squad, thus becoming the highest paid football manager in the world.
Capello’s son and agent Pierre Philip is currently in Moscow to finalize the remaining details of his father’s contract. As the acting head of the Russian Football Union, Nikita Simonyan, said on Monday, all the formalities are to be settled by Thursday.
Earlier this week, Capello was announced as the replacement for Dick Advocaat. The Dutchman lead Arshavin and Co. to a Group stage blunder at the Euro 2012, before leaving to join PSV Eindhoven.
The Italian is expected to make his debut at the new post on August 14, when Russia plays a friendly game against Cote d’Ivoire.