The English FA have confirmed that Three Lions manager Gareth Southgate has renewed his contract which originally expires at the end of the 2022 FIFA World Cup in Qatar until 2024 which means he will manage the national team at two more major tournaments.
Southgate was appointed by the FA in 2016 and his first major tournament was the 2018 FIFA World Cup in Russia where he led England to a fourth placed finish, losing to Belgium in the third place match. He also led the team to a second placed finish at the Euro 2020, losing to Roberto Mancini's Italy.
Southgate's new contract will see his yearly wages doubled and will now earn £6m per year which is way more than what the manager, Roberto Mancini, that took the Euro trophy to Rome and prevented it from going home earns. Mancini earns £1.68m with Italy.
Despite receiving more salary, Southgate's net worth is not as much as Mancini's net worth. The England manager is worth about $12m while the Italy manager is worth $45m having had lucrative contracts at Manchester City and Inter Milan where he won the league titles.