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The Reds boss has committed his long-term future to the Anfield side and is said to have bagged himself a hefty £1.5m pay rise in the process.
The English top flight now employs some of the greatest managers in world football.
Jose Mourinho has taken over at Manchester United while Pep Guardiola has been placed in charge of their local rivals, Manchester City.
So how does Klopp’s salary compare to the rest of the league’s bosses?