Manchester City have confirmed that coach Manuel Pellegrini will leave the club at the end of the season, with Pep Guardiola coming in as his successor.
“Manchester City can confirm that in recent weeks it has commenced and finalised contractual negotiations with Pep Guardiola to become MCFC head coach for the 2016/17 season onwards,” a club statement read.
“The contract is for three years. These negotiations were a re-commencement of discussions that were curtailed in 2012. Out for respect for Manuel Pellegrini and the players, the Club wishes to make its decision public to remove the unnecessary burden of speculation.”
The statement went on to read that Pellegrini has promised to continue in his role to the best of his ability in order to ensure that the club achieve their objectives this season, and he will then step aside at the end of the campaign to allow Guardiola to come in.
The Chilean tactician went on to state in his press conference on Monday that he shared the belief of the club that it was better to avoid the speculation surrounding them for the rest of the season and to make it public that the decision had been made.
Meanwhile, Guardiola has already confirmed that he will leave Bayern Munich at the end of his contract this summer, and insisted last month that his next role would be in England.
After months of rumours and talks in the media, it is now confirmed that the former Barcelona boss will look to continue his tradition of success in the Premier League as of next season.