Bayern Munich have announced the departure of manager Carlo Ancelotti, following last night’s UEFA Champions League defeat to Paris St. Germain.

The defeat was Bayern’s largest in the tournament’s group stage in 21 years, leading Bayern CEO Karl-Heinz Rummenigge to warn that there would be repercussions for such a defeat.

A statement released shortly before 4 p.m. CET read: “Following an internal analysis in Munich on Thursday 28 September 2017, FC Bayern München have announced the club is to part company with head coach Carlo Ancelotti with immediate effect. Assistant coach Willy Sagnol will take charge of the team on an interim basis.”

Sagnol’s first game will be the league match against Hertha Berlin on Sunday. Bayern Munich are currently 3rd in the German Bundesliga, having won 4 of their opening six matches.

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Rummenigge said: “The team’s performances since the start of the season have not matched the expectations that we set. The game in Paris showed clearly that we had to take action.

“That is what [sporting director] Hasan Salihamidzic and I explained to Carlo in an open and serious discussion today, and we informed him of our decision. I would like to thank Carlo for the collaboration and regret the way things have developed.

“Carlo is my friend and will remain so, but we needed to take a professional decision for the good of Bayern Munich. I now expect a positive improvement from the team and a total willingness to perform so that we can reach our objectives for this season.”

Ancelotti, 58, helped Bayern win the Bundesliga last term, but they only reached the last eight of the Champions League and the German Cup semi-finals.

A couple of managers have already been linked with the post, including former Borussia Dortmund boss Thomas Tuchel and current Hoffenheim coach Julian Nagelsmann.