Fenerbahce used an attractive financial package to lure Jose Mourinho to Turkey this summer.
The Istanbul-based team have pulled off a remarkable coup in hiring the Portuguese tactician.
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Now the club's president Ali Koc has revealed how much they are paying Mourinho for the privilege.
“Other clubs other than us met with Mourinho. Besiktas also contacted him,” Koc told Turkish media.
“Aziz Yıldırım and Sadettin Saran also met. But we met before all of these. We made a much more suitable offer than the offer made by Aziz Yıldırım and he accepted it.
“Mourinho was impressed by our dreams. We gave him and his entire team €12 million annually.”