Chelsea and Manchester City's hopes of luring Pep Guardiola to England are over after the Spaniard agreed to become Bayern Munich's next manager.
The German giants have confirmed the former Barcelona boss will take over from Jupp Heynckes in July on a three-year deal.
Bayern chief executive Karl-Heinz Rummenigge said: "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."
The news will be a huge blow to Chelsea owner Roman Abramovich, who has made no secret of his desire to tempt the Spaniard to Stamford Bridge.
Manchester City have also been heavily linked with Guardiola, who became the most coveted coach in the world after leading Barcelona to 14 trophies during a glorious four-year stint at the Nou Camp.
The 41-year-old recently revealed he was ready to return to the game after leaving Barca last summer and has now chosen the Bundesliga as his next challenge.