Manchester City have announced Pep Guardiola will take over as their new
manager at the end of the season after Manuel Pellegrini confirmed he will
leave the club in June.
Guardiola had already revealed he would depart Bayern Munich at the
conclusion of the 2015-16 campaign and City have now confirmed the Etihad
Stadium will be his next destination.
The Premier League club’s statement read: “Manchester City can confirm
that in recent weeks it has commenced and finalized contractual
negotiations with Pep Guardiola to become MCFC Head Coach for the 2016-17
EPL season onwards.
“The contract is for three years. These negotiations were a
re-commencement of discussions that were curtailed in 2012.
“Out of respect for Manuel Pellegrini and the players, the club wishes to
make its decision public to remove the unnecessary burden of speculation.
“Manuel, who is fully supportive of the decision to make this
communication, is entirely focused on achieving his targets for the season
ahead and retains the respect and commitment of all involved with the
leadership of the club.”
Pellegrini signed a one-year extension last August to tie him to the club
until 2017 but will now go when his previous deal was due to expire.
He told a news conference: “I talked with the club and told them I will
finish my contract on the original date [June 30].
“I could have extended my contract for one more year, but decided not to.
There has been a lot of speculation, but they are not doing anything
behind me.
“I don’t think it is good for this room to be speculating about me so that
is why I have told the press and the players. I spoke with the club two
weeks ago.”