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Pep Guardiola brought a premature end to the likely summer saga regarding his next destination after he was announced as Bayern Munich's next manager.

The 41-year-old, who guided Barcelona to 13 trophies during his four-year stint at Camp Nou, will take over from Jupp Heynckes when he retires at the Bundesliga club at the end of the season.

The appointment will come as a blow for both Manchester City and Chelsea, who were heavily interested in hiring Guardiola this summer, while the Premier League has lost another intriguing addition for the time being.

Bundesliga stock rises as Bayern claim a prize football asset