Ole Gunnar Solskjaer will earn more than Liverpool boss Jurgen Klopp and Chelsea manager Maurizio Sarri.
Manchester United confirmed the Norwegian as their permanent manager on a three-year deal on Thursday.
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Ole Gunnar Solskjaer will hope to return Manchester United to their glory days
Solskjaer had impressed in caretaker charge since replacing Jose Mourinho in December, winning 14 of his 19 matches, including a shock 3-1 victory over Paris Saint-Germain earlier this month.
The Mirror report he will earn £7.5million-a-year, which is half the amount of which his predecessor Mourinho took home.
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Manchester City manager Pep Guardiola is the highest-paid Premier League boss on £15million-a-year, followed by Tottenham boss Mauricio Pochettino on £8.5million.
Below Solskjaer are Klopp on £7million, Arsenal chief Unai Emery with £6million and Maurizio Sarri on £5.15million.
Solskjaer has turned around United̢۪s fortunes in a short space of time and has been able to get the best out of star midfielder Paul Pogba, who fell out with Mourinho.
United last lifted a trophy in May 2017 when they won the Europa League and Solskjaer, 46, is targeting silverware next season.
Highest-paid Premier League managers
1. Pep Guardiola (Manchester City) – £15million-a-year
2. Mauricio Pochettino (Tottenham) – £8.5million-a-year
3. Ole Gunnar Solskjaer (Manchester United) – £7.5million-a-year
4. Jurgen Klopp (Liverpool) – £7million-a-year
5. Unai Emery (Arsenal) – £6million-a-year
6. Maurizio Sarri (Chelsea) – £5.15million-a-year
He said: “I know the expectations of the club, the traditions of the club, the history we’ve got.
“Of course, I want to be successful, of course, I want to lift trophies, but I can’t wait to get on to the job, on to the challenge of improving this great bunch of players because it’s a squad full of potential.
“I worked with them – or we have as a staff – for three months and the improvement is there to be seen.
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“We know there’s so much more to come from them, we can see so much more improvement.
“We see them every single day in training, the attitude has been fantastic, but we know we’ve got a way to go.
“But lifting a trophy, I am sure, will be a success.”
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