'There are talks ongoing' - Bayern Munich confirm negotiations with Ralf Rangnick to take over and become Harry Kane's new manager

Current Bayern manager Thomas Tuchel is set to leave the Allianz Arena at the conclusion of the season, and Rangnick has been tipped to replace his fellow German, with Hoeness confirming their interest in the Austrian national team manager.

Speaking to Frankfurter Allgemeine, Hoeness said [via Fabrizio Romano]: "Yes, there are talks ongoing with Ralf Rangnick. I think we will have a decision within a week."

Bayern Munich made the decision to part ways with Tuchel in February after it was all but confirmed that Bayer Leverkusen would run away with the Bundesliga title, meaning that the Bavarians would lose the league title for the first time since 2013. Rangnick has emerged as a surprise option for them after Xabi Alonso remained their favourite candidate until the Spaniard confirmed his decision to stay put with Die Werkself.

The Bavarians will hope to settle their affairs soon as the new manager will influence the club's transfer policy for the upcoming summer. Meanwhile, Tuchel and company will look to win the Champions League as they take on Real Madrid in the semi-final on April 30 and May 8.