The Italian is set to take over at Goodison Park after being sacked by Napoli last week and a clause in the contract means the 60-year-old will earn £2.5 million if he keeps the Toffees in the Premier League, according to The Sun.
That’ll be in addition to his huge £11.5 million a year contract, which makes him the third highest paid manager in England’s top flight, only behind Jose Mourinho and Pep Guardiola.
Everton have won five of their 17 games this season and sit in 16th, three points above the relegation zone.
Despite this, they have had an upturn in form since sacking Marco Silva two weeks ago as club legend Duncan Ferguson guided them to a 3-1 win over Chelsea, as well as a 1-1 draw with Manchester United on Sunday.
He insisted Everton need to find ‘the best manager’ following the draw at Old Trafford.