Bayern Munich head coach Pep Guardiola will leave the club at the end of the season and be replaced by former Real Madrid boss Carlo Ancelotti, Karl-Heinz Rummenigge has revealed to Bild.
Reports this week suggested Guardiola had made the decision not to renew his contract with the reigning Bundesliga champions, and chairman Rummenigge has now confirmed that the Spaniard will indeed say farewell to the Allianz Arena come June 2016.
Rummenigge said: "We are grateful to Guardiola for everything he has given our club and hope that we will celebrate many successes together this season.
"With Ancelotti, he is again a very successful coach for Bayern. We look forward to working together."
Guardiola replaced Jupp Heynckes at Bayern ahead of the 2013-14 campaign and guided them to the domestic double in his first season at the helm, as well as winning the Club World Cup and Uefa Super Cup.
