Bayern Munich, a competitor in the German Bundesliga, announced on Wednesday that they have signed Vincent Kompany as their new coach until June 2027, after Burnley confirmed their separation from the Belgian manager following their relegation to the English Championship. Burnley stated: "We understand the attraction and status of a club like Bayern Munich, and we respect Vincent’s ambition to explore new opportunities." Jan-Christian Dreesen, the CEO of Bayern Munich, said: "We all agree at the club that Vincent Kompany is the right coach for Bayern, and we are very much looking forward to working with him."