- Vincent Kompany was unveiled as Bayern Munich’s new boss earlier this week
- The German team has reportedly agreed a hefty compensation package with Burnley
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Vincent Kompany’s salaries at Bayern Munich will reportedly earn him £2.6million more than their former head coach Julian Nagelsmann.
The former Manchester City defender was unveiled as the new Bundesliga coach on Thursday. He replaces Thomas Tuchel at the German team after it was announced he would leave the club at the end of the 2023/2024 season.
After leading Burnley to the Premier League in 2023, his side struggled to capitalize on their brilliant form in the Championship and were relegated back to the second tier of English football after a dismal Premier League season.
Questions had been raised over whether the Clarets would part ways with the English club after losing 24 games in the league this season. But in a shocking turn of events, Bayern Munich are said to be closing a deal to appoint the 38-year-old as their new manager – and it appears they had to beat out several other clubs to land their man.
“You mentioned one club, but just to make you understand how – I’m a very private person – I was actually lucky enough to get a lot of interest from a number of other clubs as well,” the former Burnley manager said on his first appearance . press conference in Bayern.
Vincent Kompany (middle) was appointed manager of Bayern Munich earlier this week
But it looks like Max Eberl’s team (photo) will pay him more than two former coaches
‘But I never went looking for anything. I wasn’t interested in anything. I was happy to meet people and meet good people.”
Mail Sport understands that Bayern have held talks over a compensation package with Burnley director Alan Pace. According to the BBCthis fee is said to be approximately £10.2 million.
It is also understood that Bayern will now pay Kompany a hefty salary, with Sky Germany reporter Florian Plettenberg revealing on X (formerly Twitter) that the Bundesliga side will pay him more than their former coach Julian Nagelsmann.
Plettenberg claims that Bayern have ‘digged deep into their pockets for Kompany’ and adds that they are expected to earn him between ‘£5.97 million and £7.67 million (€7 million – €9 million) gross per year’ payment, including surcharges.
According to the journalist, this will see Kompany earn almost the same amount as Tuchel, who earned £7.67 million per year plus add-ons, but more than Julian Nagelsmann and Hansi Flick – who was unveiled as Xavi’s successor at Barcelona. last week.
Nagelsman and Flick both had annual salaries of around £5.11 million per year plus bonuses, according to Plettenberg, meaning Kompany could earn around £2 million more than both former Bundesliga winners.
According to Florian Plettenberg, Bayern Kompany will pay between £5.97 million and £7.67 million per year, including bonuses
It means he will earn £2 million more than both Hansi Flick (left) and Julian Nagelsmann (right)
Kompany replaces Thomas Tuchel (pictured), who earned £7.67m per year plus perks
Kompany will now line up at the Allianz Arena and look to boost a Bayern squad that endured a trophyless 2023/24 season, failing to win the Bundesliga for the first time in eleven years, while also being knocked out of the Champions League .
Bayern’s search for Tuchel’s successor saw them compile a shortlist of names including Xavi and Ralf Rangnick.
The Belgian, who enjoyed a brilliant career as a player, has extensive management experience. He honed his craft at Anderlecht before moving to Burnley.
During his time at Man City he was also able to learn from the masterful Pep Guardiola, but was keen to distance himself from direct comparisons with the Man City boss, who could leave the club at the end of next season.
Kompany now steps into the top spot at the Allianz Arena and still has some work to do to get Bayern back on track after their trophyless season
‘I have played at the highest level in my career and I want to pass that on to my players. “I would never compare myself to Pep Guardiola,” Kompany said.
‘He was very important in my career. I also recently spoke to Karl-Heinz Rummenigge and Uli Hoeness and they are behind me too.
‘But I don’t want everyone to be convinced in advance only of me, but also of my work on the field during my time here.’