It's reported that the Chinese Football Association decideed "last week to hire Marcello Lippi as the coach of the Chinese team for a jaw-dropping €20 million ($21.76 million) a year.
The amount sets a record for the money earned by the world's best coaches for a national team. The top earner, Roy Hodgson of England, was paid €5 million a year, and Germany's World Cup winning coach Joachim Loew made €3.2 million. Lippi's predecessor, Gao Hongbo, who resigned after China lost 0-2 to Uzbekistan early this month during the World Cup qualifiers, earned a meager 800,000 yuan ($117,800).
Yes, the 68-year-old Lippi is not a common man. He steered Italy to World Cup victory in 2006, and has led Guangzhou Evergrande to three Super League titles in China between 2012 and 2014. But that track record is no guarantee that he will transform the national team into at least an Asian powerhouse to justify his high salary."