Arsene Wenger has been offered the chance to become the highest paid manager in the world with a lucrative move to China.

Wenger, 68, has been inundated with offers since it was announced he was leaving Arsenal at the end of the season – and the biggest has come from the Far East.

It is understood to be worth even more than Marcello Lippi receives on his £24m-a-year deal as boss of the China national team while Pep Guardiola is the highest earner in the Premier League on £16m-a-year.

But Wenger, who has been earning £8m-a-year, can get even more after being sounded out with a serious offer from China for when he steps down at Arsenal this summer.

However, Mirror reports that Wenger who would prefer a job in France or Spain, wants to carry on with day-to-day management and would ideally take a club which he can build up and help grow.

Paris Saint-Germain are interested in Wenger and are believed to be ready to offer him a job as general manager as a go-between Thomas Tuchel who is set to take over as coach and owner Nasser Al Khelaifi. PSG’s current boss Unai Emery has announced he is leaving this summer.