Former Premier League manager Andre Villas-Boas is set to earn £11m-per-year after being appointed manager of Chinese Super League side Shanghai SIPG.
The news comes after the announcement that ex-England coach Sven-Goran Eriksson was relieved of his duties in China following a third place finish in the ever-growing Super League, 12 points off of top spot, and was unable to guide the club to a trophy in his two year stint in Asia.
His failure to bring success to the Chinese club was heavily scrutinised in particular due to the mass amount of money the 68-year-old spent on players, including bringing in the likes of Brazilian international Hulk.
Villas-Boas walked away from his previous club Zenit St. Petersburg in May following a brief two year spell in Russia, and according to the Daily Mail, has now signed on to the multi-million pound industry that is Chinese football.
It has been suggested that the former Chelsea manager was heavily influenced in his decision by the presence of Hulk, to whom he has managed at former clubs FC Porto and Zenit during his managerial career, and believes that he is the first of many top European-based players to make the move over to China.
It has also been reported that the Portuguese coach was approached to take over at Serie A side Inter Milan after the sacking of Dutch coach Frank de Boer after just 11 games in charge, however it is believed that Villas-Boas wanted a new challenge and a fresh start in a new continent.
The ex-Tottenham Hotspur and Blues coach has just come off the back of winning the league and cup double with Zenit in Russia, and is looking to do one better than his predecessor Eriksson and win the Chinese title for the first time since the club's founding in 2005.