Guardiola announced as Bayern Munich manager

Bayern Munich on Wednesday officially announced it has hired Pep Guardiola to coach next season for an undisclosed salary over three years, ESPN Soccernet reported. 

"Pep Guardiola is one of the most successful coaches in the world and we are sure that he can make not just Bayern, but all of German football shine," Bayern CEO Karl-Heinz Rummenigge said in a statement on the club's website.