Hodgson is best paid manager at Euro 2016

Roy Hodgson is the best paid manager at Euro 2016, earning £3.5million a year to put him ahead of Italy's Antonio Conte in second place (£3.15m) and Turkey's Fatih Terim in third (£2.7m).

Eight of the 24 bosses earn £1m or more per year - but one manager, Russia's Leonid Slutsky, earns nothing. Slutsky is also the manager of CSKA Moscow and took the national job to help his country after Fabio Capello left.

When Slutsky was put in charge of the national team last summer, sports minister Vitaly Mutko confirmed: 'He won't have a wage, only performance-related bonuses.'

The Republic or Ireland's Martin O'Neill earns a £1m a year, making him the best paid national coach from the British Isles after Hodgson, while Northern Ireland's Michael O'Neill is on £250,000 a year and Wales' Chris Coleman £200,000, although both those men are getting improved deals imminently.

Hodgson was the second best paid manager at the last World Cup in Brazil, when the only man earning more than him was a former England boss, Fabio Capello, then with Russia.

It is partly the result of Capello's hugely expensive and unsuccessful time in charge there that Slutsky is now working for nothing. Capello was earning £7m a year and when the Russians sacked him last July, their legal obligation to honour his pay-off left them strapped for cash and in need of Mutko calling in a favour from Slutsky.

The biggest managerial names in club football can now command 10-figure sums per year, with Pep Guardiola's deal at Manchester City from this summer understood to be worth £15m per year.

At international level, only the richest FAs can afford even to reach seven figures, which is why the upper echelons of our list is dominated by the biggest countries in Europe.

Virtually every manager will be in charge of players earning multiples of what he earns, and some of the national bosses are taking home in a year what their star players earn in a week.

Sweden's Erik Hamren is on £154,000 per year, which is about half what his star striker Zlatan Ibrahimovic can expect each WEEK as and when he signs his expected next contract, with Manchester United.

Portugal manager Fernando Santos earns £962,000 a year, or £18,500 a week. His star player Cristiano Ronaldo earns almost £320,000 per week at Real Madrid.

Looked at another way, what Ronaldo earns every 90 minutes (£19,800) is what Santos earns in a week. Ronaldo earns that for every 90 minutes of his week, sleep and all, not just when he's on a football pitch.

Ronaldo's Real Madrid team-mate Gareth Bale also earns more in a week than his national boss, Coleman, earns in a year.

Belgium have the most expensively traded footballer after Bale (who cost Real £86m) and Ronaldo (£80m) in Kevin De Bruyne, Manchester City's star buy of summer 2015 at £55m. De Bruyne's weekly pay of around £200,000 at City gives him an annual salary of around £10.4m, which is more than 20 times what his international manager Marc Wilmots makes.

Most of the international managers have a performance-related element to their salaries, with tournament qualification and progress at events triggering bonuses. The winning nation at Euro 2016 could pocked as much as £21.1m in prize cash from UEFA for success in the tournament, and most participating FAs have bonus schemes where the more money they earn, the more will be shared out, including with the managers.

To Leonid Slusky, getting to the Euros might actually have earned him a few pounds, because participation alone in the event is worth £6.2m per nation from UEFA in prize money. Whether he can guide his Russian team as far as millionaire Roy Hodgson and his millionaire players remains to be seen.