Manchester City have made Roberto Mancini the best paid manager in the Premier League. The Sun says his new £37.5million contract makes him British football's highest-paid boss.

The Manchester City chief ended speculation about his future last night, despite a £6.5m-a-year approach from the Russian FA.

He said: "I'm very much looking forward to the challenges and excitement ahead. The opportunity that exists to build on our recent success is huge."

His mega £7.5m-a-year deal, which ties him to City until 2017, takes him way above Manchester United boss Sir Alex Ferguson in the pay league.

Fergie earns around £4m a year at Old Trafford.