Pep Guardiola is to leave German Champions Bayern Munich at the end of the season and will be replaced by Italian Carlo Ancelotti.
Guardiola, 44, has been linked with Manchester City, Manchester United, Chelsea and Arsenal.
The former Barcelona coach has won two Bundesliga titles and the German Cup since joining Bayern in summer 2013.
Ex-Real Madrid boss Ancelotti, 56, has been on a break since being sacked by Real Madrid in May 2015 and has signed a three-year deal with Bayern.
The Spaniard was appointed Barcelona boss in 2008 and became the Spanish club’s most successful manager as he led the Catalan club to 13 trophies in his four-year tenure.
He won three league titles, two Champions Leagues and a Copa del Rey while at the Nou Camp outfit.
The former Spain international took a year-long sabbatical before taking over at Bayern Munich on the back of the German club winning the Champions League, Bundesliga and German Cup under Jupp Heynckes.
As well as the league and cup titles, Bayern have also reached the semi-finals of the Champions League in Guardiola’s two seasons in charge, with Real Madrid knocking them out in 2013-14 and Barcelona the following season.
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