Specifically, Julian Nagelsmann will officially take over at the Allianz Arena home team after this year’s season ends.
Bayern have agreed to pay RB Leipzig a transfer fee of 15 million euros. In addition, other bonus terms will be added depending on the title won by the club in the coming seasons.
Nagelsmann Officially Becomes Head Coach of Bayern Munich
The total transfer fee that Bayern spent to own Nagelsmann amounted to 25 million euros. Thus, the German strategist will become the coach with the highest transfer fee in the history of world football.
The contract between the two parties will officially take effect from July 1, 2021. Nagelsmann signed a five-year contract with Bayern until June 2026.
The 33-year-old German strategist will also receive a salary of up to 8 million euros per year, similar to the treatment that coach Hansi Flick is currently receiving.
However, compared to what he received when leading Leipzig, Nagelsmann will pocket a salary 2.6 times higher. At this time, he only received about 3 million euros per season at Leipzig.
As for Hansi Flick, the strategist who helped Bayern win the Champions League 2020 will terminate his contract with this club on June 30, 2021, two years earlier than the previous contract.