Sean Dyche gave an interview to The Times and revealed in detail his financial and money values. He has coached Watford, Burnley, Everton and other teams. He currently lives in Nottinghamshire and has two adult children.

How much money do you have in your wallet?

I always carry some cash, maybe a hundred or a hundred and fifty pounds, to pay for taxis in London. I like the old school way of paying with cash. I also like to tip in cash.

What was your income last year?

I will not disclose any details of my salary. My own income is pretty good. But I don’t mind telling you my earliest salary, which was when I was an apprentice in the late 1980s. I was participating in a youth training program, and my first weekly salary was £28.50, and in the second year I was paid £35 a week. In 1990, my first year as a professional player, my weekly salary was £160. Since then, life has become more comfortable.

I've been asked about the compensation a football head coach receives when he is fired. I certainly know that people will be compensated if it is stipulated in the contract. Football is a volatile industry, almost entirely results-driven. Nowadays, looking at all levels of leagues, and even national leagues, head coaches can earn very considerable incomes. But this is an extremely competitive industry, and if you fail to achieve results, the situation will soon change.

What if you win the lottery?

When you're making money steadily and creating a good situation for yourself, it's a completely different thing than winning the lottery and someone suddenly saying, "Bang, give you a check." When you earn money through hard work and you grow, save, buy a house, etc., that money is much easier to manage than if you suddenly get a huge windfall. But I thought I might entertain a bunch of people.

I have been in contact with many young players who are suddenly making amazing money, but sometimes their elders in the family, advisors or agents are not willing to listen. I try to say to them, "Slow yourself down." But if I'm being completely honest, if I had been making what some of them are making now when I was 20, I would have been a complete fool. I'm not going to stop them from letting it go a little bit because I think that's human nature. But when you get to a point where you no longer have control over your life, you need to reflect. Back then, they needed some education.

What’s the most important lesson you’ve ever learned about money?

Respect money, because it is not easy to make money, but it is easy to lose it. My advice is, don't buy a football club. A very easy way to lose a lot of money is to buy a football club. If you win the lottery, whatever you do, don't buy a football club.