Nagelsmann to replace Flick as Bayern coach

Bayern Munich on Tuesday signed RB Leipzig coach Julian Nagelsmann to take over from Hansi Flick next season on a five-year contract, bringing to Munich one of Europe's most sought after young managers.

The 33-year-old took the reins at second-placed RB Leipzig in 2019 and led them to the Champions League semi-finals last year. Flick is leaving Bayern at the end of the season of his own free will despite having a contract until 2023.

Nagelsmann's contract at Leipzig ran to 2023 and Bayern reportedly agreed to a payment that could exceed 20 million euros ($24.13 million) for his release, making his one of the most expensive club coach signings in Europe. Leipzig's head of football Oliver Mintzlaff said the amount paid by Bayern to sign him had been "extremely high".

"Yesterday the two clubs finalised details and I am happy it happened," Nagelsmann told an online news conference. "In the coming weeks I will not be talking about it any more. I am still a Leipzig employee and we still have five games. We want to finish second in the league and win the German Cup." Nagelsmann refused to comment on the transfer fee saying it was not him who had put it in the contract.

A lover of high-octane attacking football with aggressive pressing and quick transitions, Nagelsmann, the youngest ever Bundesliga coach when he took over at Hoffenheim five years ago, was long seen as a Bayern target. Known for his meticulous tactical preparation, Nagelsmann led Leipzig to third place in his first season as well as the Champions League last four, and his team still have an outside shot at this year's title, lying seven points behind Bayern with three games remaining.