Pep Guardiola will leave his position as Bayern Munich coach at the end of the season, the club have announced on their official Twitter account.
Former Chelsea boss Carlo Ancelotti will succeed the Spaniard at the German champions on a three-year contract.
The Premier League's big guns could now be lining up to recruit Guardiola after his exit was confirmed.
Guardiola has been touted as a possible replacement for Jose Mourinho at Chelsea, while he has also been linked with Arsenal, Manchester City and Manchester United.