Former PSG and Real Madrid boss, Carlo Ancelloti will replace Pep Guardiola as Bayern Munich manager at the end of the season after Pep Guardiola decided not to extend his contract with the German giants.
Ancelloti, 56, has signed a 3 year contract which will run till 2019.
Karl Heinz Rummenigge spoke about Guardiola's desire to leave the club: "We are thankful to Guardiola for all he gave our club and hope to celebrate more success in the current season."
"With Ancelloti we have another very successful coach coming to Bayern. We are looking forward to working together."
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