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Pep Guardiola Lands Manchester City Job. His Salary Is Nearly The Cost Of The 2011 Royal Wedding

Pep's Salary Is Nearly The Cost Of The Royal Wedding... And He Gets It Every Year
Paul Vale
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Fifteen million pounds. That’s more than half the estimated cost of the 2011 Royal Wedding. It’s also the annual outlay required to land the greatest manager in global football. On Monday, Bayern Munich’s Pep Guardiola, formerly of Barcelona, agreed to take charge of Manchester City from next season onwards. A statement from the Etihad club confirmed the deal, announcing that the 45-year-old Spaniard will replace Manuel Pellegrini in July.

The outgoing Chilean manager said he was “fully supportive” of the move, despite a period of relative success for the Citizens, including the Premier League and League Cup double in 2015. However, Guardiola is a far higher pedigree, landing 14 trophies in four years with Barcelona, before securing winning a pair of league titles with the German team, who remain on course to add a third this year.

Manchester City’s Abu Dhabi owners have already invested heavily in the team and its infrastructure, including the Etihad stadium, which is currently being upscaled to hold 60,000 supporters. But what Mansour bin Zayed Al Nahyan truly desires is Champions League success; a competition the current City team has yet to master. They are paying Guardiola to bring that success. If he does, the sheikh will consider it money well spent.

Manchester City's Statement in full:

Manchester City can confirm that in recent weeks it has commenced and finalized contractual negotiations with Pep Guardiola to become MCFC Head Coach for the 2016/17 EPL season onwards. The contract is for three years. These negotiations were a re-commencement of discussions that were curtailed in 2012.

Out of respect for Manuel Pellegrini and the players, the Club wishes to make its decision public to remove the unnecessary burden of speculation. Manuel, who is fully supportive of the decision to make this communication, is entirely focused on achieving his targets for the season ahead and retains the respect and commitment of all involved with the leadership of the Club.

Here's what City are buying...

Pep Guardiola homours
(01 of14)
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Head coach Josep Guardiola of FC Barcelona is thrown in the air by players after winning the Club World Cup Final match against Estudiantes at the Zayed Sports City stadium on December 19, 2009 in Abu Dhabi, United Arab Emirates. Barcelona won the final 2-1. (credit:Jasper Juinen - FIFA via Getty Images)
(02 of14)
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Josep Guardiola and Thierry Henry of Barcelona hold the trophy after defeating the Shakhtar Donetsk at the UEFA Super Cup Final at the Stade Louis II on August 28, 2009 in Monte Carlo, Monaco. (credit:Laurence Griffiths via Getty Images)
(03 of14)
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Barcelona´s coach Josep Guardiola holds the Champions League Cup after the trophy ceremony on May 27, 2009 at the Olympic Stadium in Rome. Barcelona defeated Manchester United 2-0 in the final of the UEFA football Champions League. (credit:CHRISTOPHE SIMON via Getty Images)
(04 of14)
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Barcelona´s coach Josep Guardiola (top) celebrates with players after the trophy ceremony of the final of the UEFA football Champions League on May 27, 2009 at the Olympic Stadium in Rome. Barcelona defeated Manchester United 2-0 to win the Cup. AFP PHOTO / LLUIS GENE (Photo credit should read LLUIS GENE/AFP/Getty Images) (credit:LLUIS GENE via Getty Images)
(05 of14)
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Barcelona's coach Josep Guardiola (CL), Barcelona's current President Sandro Rosell (CR) and players pose with their Spanish League trophy 2009 prior to the 45th Trophy Joan Gamper friendly football match against AC Milan at Camp Nou stadium in Barcelona on August 25, 2010. (credit:JOSEP LAGO via Getty Images)
(06 of14)
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Former Barcelona president Joan Laparta (L) holds the 2009-2010 La Liga trophy with Barcelona manager Josep Guardiola during a lap of honour before the Joan Gamper Trophy match between Barcelona and AC Milan at Camp Nou stadium on August 25, 2010 in Barcelona, Spain. (credit:Denis Doyle via Getty Images)
(07 of14)
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Barcelona's Spanish coach Josep Guardiola kisses the trophy at the end of the UEFA Champions League final football match between Barcelona and Manchester United on May 28, 2011 at Wembley stadium in London. Barcelona won 3 - 1. (credit:GLYN KIRK via Getty Images)
(08 of14)
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Barcelona Coach Pep Guardiola receives the FIFA World Coach of Men's Football 2011 trophy on January 9, 2012 in Zurich, Switzerland. (credit:Scott Heavey via Getty Images)
(09 of14)
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Barcelona's coach Josep Guardiola (L) and second coach Tito Vilanova (R) hold the Spanish league trophy as they celebrate their team's victory in the Spanish League after their Spanish league football match against RC Deportivo de la Coruna at the Camp Nou stadium in Barcelona on May 15, 2011. (credit:JOSEP LAGO via Getty Images)
(10 of14)
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MADRID, SPAIN - MAY 25: Barcelona head coach Josep Guardiola (Top 2.R) celebrates with captain Xavi Hernandez (Below. R) and Andres Iniesta (Below. L) after Barcelona beat Athletic Bilbao 3-0 during the Copa del Rey Final at Vicente Calderon Stadium on May 25, 2012 in Madrid, Spain. (credit:Denis Doyle via Getty Images)
(11 of14)
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Pep Guardiola celebrates winning the Bundesliga in 2013–14 (credit:ullstein bild via Getty Images)
(12 of14)
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Franck Ribery of Bayern Muenchen celebrates with his head coach Pep Guardiola after winning the UEFA Super Cup between FC Bayern Muenchen and Chelsea FC at Stadion Eden on August 30, 2013 in Prague, Czech Republic. (credit:Alexander Hassenstein via Getty Images)
(13 of14)
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Josep Guardiola, head coach of FC Bayern Muenchen gets showered in beer by Daniel van Buyten after winning the DFB Pokal between FC Bayern Muenchen and Dortmund at Olympiastadion on May 17, 2014 in Berlin, Germany. (credit:Stuart Franklin via Getty Images)
(14 of14)
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Josep Guardiola the head coach of Bayern Muenchen celebrates with the trophy after winning the league during the Bundesliga match between FC Bayern Muenchen and 1. FSV Mainz 05 at the Allianz Arena on May 23, 2015 in Munich, Germany. (credit:Alexander Hassenstein via Getty Images)
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