Bayern Munich have appointed Vincent Kompany as the club’s new manager after negotiating his departure from Burnley, the clubs have announced.
ESPN reported on Saturday that Bayern agreed a £10 million deal ($12.7m) for Kompany, who will replace Thomas Tuchel at the Bundesliga giants despite being unable to prevent Burnley from being relegated from the Premier League this season.
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The move completes a troubled recruitment process for Bayern who initially announced in February that Tuchel would depart at the end of the season.
“I’m really looking forward to the challenge at FC Bayern,” Kompany said in a statement. “It’s a great honour to be able to work for this club — FC Bayern is an institution in international football.”
Max Eberl, Bayern’s sporting director, added: “We’re delighted to have brought in Vincent Kompany to FC Bayern. We were immediately on the same page in our discussions with him. He clearly showed us how much the job at FC Bayern appeals to him and that he is keen to take it on.
“Vincent Kompany is hungry and brings everything to the table: as a player, he was already a leading figure in top international football and is also leading the way as a coach.”