Bayern Munich chairman Karl-Heinz Rummenigge has announced that boss Pep Guardiola will sign a new deal to keep him at the German club, despite interest from Manchester United and Manchester City linking him with a move to England.
Guardiola's contract is up at the end of the season and renewal talks so far have failed to get off the ground, sparking rumours of an exit.
Speaking to Bild, Rummenigge said "I am optimistic about Pep's renewal" adding "We have a first-class team, a fantastic club, a great stadium and a wonderful city to offer.
"We will have a serious conversation with Pep in the upcoming weeks and we will see what comes from that.
"I want to win the Champions League another time - with Guardiola in charge."
Bayern were knocked out of last year's Champions' League by Guardiola's former club Barcelona.
With Louis Van Gaal's side only just finding the sort of form expected of such an expensive team, it would be difficult to see the Dutchman leaving at the end of the season. Guardiola has also been linked with the England manager's position, however.