Bayern Munich have confirmed that former Barcelona boss Pep Guardiola will take over as manager in July 2013 on a three-year-contract.
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Speculation has been rife about the former Barcelona boss' destination once his sabbatical ends at the end of the season, with Manchester City, Chelsea, Manchester United all monitoring his situation.
But German Bundesliga side Bayern Munich confirmed on Wednesday that they have managed to secure the services of the highly sought-after manager.
A statement sent via the club's official Twitter account read: "Jupp #Heynckes will finish his successful career by the end of this season. Pep #Guardiola will take over as FC Bayern head coach in July."
The Bavarian's chief executive Karl-Heinz Rummenigge told the Guardian: "We are delighted that we have managed to get Pep Guardiola whom several big clubs wanted and contacted.
"He is one of the most successful trainers in the world and we are sure that not only Bayern Munich but the whole of German football will benefit from what he brings."
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