Manchester City have confirmed that Pep Guardiola will take over as manager of the club this summer.
The Spaniard’s contract with Bayern Munich is up at the end of this season, while Manuel Pellegrini’s deal runs out at after this term.
A host of Premier League clubs, including Manchester United and Chelsea, were believed to be chasing the former Barcelona manager’s services, but City have beaten them to it.
An official statement on the club’s website announced the news today.
“Manchester City can confirm that in recent weeks it has commenced and finalized contractual negotiations with Pep Guardiola to become MCFC Head coach for the 16/17 EPL season onwards.
“The contract is for three years. These negotiations were a re-commencement of discussions that were curtailed in 2012.
“Out of respect for Manuel Pellegrini and the players, the Club wishes to make its decision public to remove the unnecessary burden of speculation.
“Manuel Pellegrini, who is fully supportive of the decision to make this communication is entirely focused on achieving his targets for the season ahead of retaining the respect and commitment of all involved with the leadership of the Club.”
This is a major coup for two time Premier League champions, and Guardiola will be tasked with bringing them to the next level and capturing the Champions League title.