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German giants Bayern Munich will be parting ways with its manager, Thomas Tuchel, at the end of the season.
Sky reports that Tuchel will leave Bayern after both sides had “fair and positive discussions” and came to an agreement.
The club has also confirmed the development in a statement released on its website on Wednesday.
According to the statement, the working relationship, initially set to run until June 30, 2025, will end on June 30, 2024, after a constructive discussion between CEO Jan-Christian Dreesen and Thomas Tuchel.
CEO Dreesen confirmed that Tuchel will be stepping down in the official statement, which read: “In an open, good conversation, we came to the decision to mutually end our collaboration in the summer. Our goal is to carry out a sporting realignment with a new coach for the 2024/25 season.
“Until then, every individual in the club is expressly challenged to achieve the maximum possible in the Champions League and the Bundesliga. I also explicitly hold the team responsible.
“Especially in the Champions League, we are convinced that after the 0-1 defeat in the first leg at Lazio Rome, we will advance to the quarterfinals in the second leg in our fully occupied Allianz Arena with our fans behind us.”
Tuchel also agreed that they “will end our collaboration after this season. Until then, I and my coaching team will of course continue to do everything we can to ensure maximum success,” the statement read.
In March 2023, Tuchel took over as the new head coach of FC Bayern, replacing Julian Nagelsmann. He won the Bundesliga with the team shortly after.
Tuchel’s contract is to be terminated one year ahead of schedule following a series of Bundesliga losses to Leverkusen and Bochum.
The former Chelsea and Paris Saint-Germain manager has struggled to find the right balance in the squad, and results have deteriorated this season, with Bayern trailing Leverkusen by eight points after 22 games.
Bayern exited the DFB-Pokal at the second round stage and have a tough task ahead in the Champions League quarterfinals after a loss in the first leg against Lazio.
The Bundesliga champions have also reportedly started a search for a new coach, with Bayer Leverkusen coach Xabi Alonso and Liverpool boss Jurgen Klopp among the top contenders
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