The German Football Federation (DFB) have finally reached an agreement in principle with Julian Nagelsmann, who is poised to assume their vacant managerial role.
German news outlet BILD reports that both parties have agreed to work together in a short-term deal that will see Nagelsmann take the reins until the 2024 European Championship.
Depending on Germany’s performance in the competition, DFB could extend their association with Nagelsmann, but he is widely expected to be a free agent after the tournament.
Nagelsmann, who remains contracted to Bayern Munich despite being dismissed towards the end of last season, will sever ties with the Bundesliga champions to facilitate his permanent exit.
The 36-year-old had previously asked for a severance package from Bayern, but his demands fell on deaf ears, with Die Rekordmeister already forking out €7 million a year to keep him on the payroll.
They will be more than happy to let the German embark on a fresh adventure with the national team, considering he was in line to pocket around €20m until 2026 for doing nothing.
However, Nagelsmann’s wages will be significantly reduced when he joins forces with the national team, who are only willing to pay him €4m per year until the Euro 2024 tournament.
Germany needs someone in the dugout after ruthlessly parting ways with Hansi Flick, who managed just four wins in his last 17 games in charge of Die Mannschaft.
The sextuple winner oversaw a dismal display at the 2022 FIFA World Cup, where Germany suffered a humiliating group-stage exit. They had also crashed out of the Euro 2020 in the round of 16.
Former Bayer Leverkusen sporting director Rudi Voller was appointed interim manager following Flick’s departure and guided Germany to a morale-boosting 2-1 victory over France during an international friendly.
Voller had made it clear to DFB that his commitment was a one-time thing, leading to the widespread search for a new boss, and Nagelsmann emerged as a primary candidate.
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