Bayern Munich have officially confirmed that Pep Guardiola will step down as head-coach at the end of the season and will be replaced by Carlo Ancelotti.
The official confirmation was made by Bayern Munich chief executive Karl-Heinz Rummenigge who thanked the Catalan coach for the success he brought to the club.
“We are thankful to Guardiola for all he gave our club and hope to celebrate more success in the current season,” said Rummenigge talking to German news publication Bild.
Guardiola, who guided Bayern Munich to consecutive Bundesliga titles since he took over the reigns from Jupp Heynckes in 2012 is believed to be in search of a new challenge. Interests are said to be high on Pep with Premier League clubs like Chelsea, Manchester City and United are tipped be the potential destinations.
Carlo Ancelotti led Real Madrid to their tenth Champions League league in 2012/13, but was out of job since he was sacked by Real Madrid at the end of last season for a poor showing in La Liga.
“With Ancelotti we have another very successful coach coming to Bayern. We are looking forward to working together.” said Rummenigge.
Bayern are currently top of the Bundesliga eight points clear of the second placed Dortmund, following their 2-1 victory over Hannover on Saturday. Progressing well in all competitions and Guardiola may want to bid farewell to the Baverians with some title in the bag when the curtains fall on the current campaign.