Bayern Munich have confirmed Julian Nagelsmann will become their new head coach next season.
The 33-year-old will join on July 1 with RB Leipzig getting up to a world-record €25m for a manager, including bonuses, as compensation, according to Sky Germany.
The contract length is also a new record for Bayern Munich as Nagelsmann joins the Bundesliga champions on a five-year deal
Nagelsmann took RB Leipzig to last season’s Champions League semi-finals and they are on course to finish second behind Bayern in the Bundesliga this campaign.
Nicknamed ‘Baby Mourinho’, Nagelsmann has developed a reputation as one of the best young coaches in Europe and had also been linked with the vacant managerial post at Tottenham.
Nagelsmann will succeed Hansi Flick, who last week asked Bayern to terminate his contract at the end of the season after several disagreements with sporting director Hasan Salihamidzic.
The club also confirmed an agreement had now been reached for the early termination of Flick’s contract which was originally set to run until 2023.
Flick has been linked to the German national team after it was announced current boss Joachim Low would leave his position as manager at the end of this summer’s European Championship.