Veteran manager José Mourinho can be laughing all the way to the bank after signing a very lucrative deal to coach Turkish side Fenerbahçe.

The club announced the Portuguese’s salary in a stock exchange announcement on Wednesday evening. Mourinho has signed a two-year deal with the Turks.

In the stock exchange announcement, Fenerbahçe writes that the 61-year-old will receive an annual salary of 10.5 million euros.

Turkish clubs are obliged to state the salaries in the contracts they enter into in order to inform their shareholders. The announcement came three days after the major Turkish club presented Mourinho in front of thousands of fans at the stadium.

However, the club has not mentioned the size of any bonuses in Mourinho’s contract.

Mourinho has been tasked with winning the Turkish league, something Fenerbahçe have not managed since 2014. The team lost the title last month to rivals Galatasaray, who secured the league gold by a three-point margin.

Mourinho has not worked outside the top five leagues in Europe since 2004, when he left Porto after winning the Champions League. Since then he has managed Chelsea, Inter, Real Madrid, Manchester United, Tottenham and Roma.