Manchester City has confirmed the appointment of Pep Guardiola to replace Pellegrini at the end of the 2015/2016 season. The 45 year old had earlier announced in December that he will leave Bayern Munich at the end of the season.
In a statement communicated by Manchester City, they confirmed that "Out of respect for players and Pellegrini, Manchester City have decided to make the information public, to avoid rumour"
The former Barcelona manager has signed a three year contract with City that will make him take over the club on July 1, 2016.
Manuel Pellegrini confirmed that he was aware of the situation one month ago, and it was an agreement between him and the club that at any point in the course of the contract, any of the parties involved can decide to walk away.
According to BBC Sports, Pep Guardiola has lost only 19 of his 239 league games as a manager. Pep is arguably the most successful manager Barcelona have ever had, winning 14 trophies in four years.
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