Bayern Munich announce Nagelsmann as manager

Bayern Munich have announced Julian Nagelsmann will take charge next season.

The Bundesliga giants have agreed a world-record £21.7million compensation package with RB Leipzig.

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Nagelsmann agreed personal terms with the German champions on Monday, before a huge pay-off was sealed and the deal was announced on Tuesday morning.

The news will come as a huge blow to Tottenham in their search for a new manager, with the German high on their list of potential candidates.

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Current Bayern boss Hansi Flick announced earlier this month that he wants his contract terminated at the end of the season, with last season’s Treble-winning manager strongly linked to the Germany national team role.

Nagelsmann has impressed at the helm of RB Leipzig, guiding them to a third-placed finish last season, while this time around they sit second with five games to play.