The Bundesliga champions are reportedly paying up to €25 million compensation to RB Leipzig to land the highly-rated coach.
Nagelsmann is set to sign a five-year contract with the Bavarians.
It should be noted that Hansi Flick has desire to walk away from his role at the Allianz Arena when the 2020-21 campaign comes to a close.
The Bavarians have wasted little time in getting a successor lined up.
They have not had to look far for a top candidate to fill the most demanding of roles.
Nagelsmann has been lured away from domestic rivals on a long-term agreement that will begin on July 1.
This deal which makes the 33-year-old the most expensive coach in history.
what has been said about Nagelsmann?
Bayern president Herbert Hainer told the club’s official website that Nagelsmann is a new generation of trainers.
“Julian Nagelsmann stands for a new generation of trainers.”
“Despite his young age, he has had an impressive career.”
“We are convinced that with Julian Nagelsmann we will build on the great successes of the past few years.”
“I would like to expressly thank Hansi Flick on behalf of FC Bayern.”
“He took over our team in a difficult phase in 2019 and then won six titles, the seventh will hopefully follow soon.”
“He will always have a place in the history books of FC Bayern. We wish him all the best for his future,” he added.
Nagelsmann’s stock has been on the rise ever since he was handed the reins at Hoffenheim in February 2016 when just 28 years of age.
That deal made him the youngest head coach in Bundesliga history, with 136 games taken in while filling a first senior role.