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Carlo Ancelotti sacked by Bayern Munich following PSG defeat in Champions League

Carlo Ancelotti's time as Bayern Munich manager appears to be over. The Italian tactician has left his post as coach of the German giants. The team announced the move on Thursday.

A Champions League winner with both AC Milan anda Real Madrid, the coach was looked at as the perfect fit to succeed Pep Guardiola, who failed to win a Champions League with the team. But Ancelotti couldn't do it either, only producing domestic success - something that isn't enough to satisfy the fans, ownership and management.

More to come as this story develops.