Bayern Munich and Burnley reach agreement over Vincent Kompany deal

Bayern Munich are on the verge of securing the appointment of Vincent Kompany as their new head coach after reaching an agreement with Burnley on the compensation.

After months of waiting, Bayern Munich's long-drawn search for a new head coach is finally about to come to an end. Manchester City legend Vincent Kompany is set to join the club on a three year contract, and an agreement has now also been reached with Burnley. According to Sky Sport, the Bavarians will pay a compensation fee in the region of 10-12 million euros.

Kompany emerged as Bayern Munich's top target for the head coach job after those in charge failed to reach an agreement with Thomas Tuchel to convince him to stay.

Previous rejections from Xabi Alonso, Julian Nagelsmann and Ralf Rangnick had also stung the Bayern bosses. But now it looks like they can finally start preparing for the new season with Kompany at the helm.

Kompany is regarded as one of the best young coaches in football, having showcased his ability at Anderlecht and Burnley. While he wasn't able to prevent Burnley from getting relegated from the English Premier League this season, he did adopt an attack-minded style of play.

The Belgian's main task next season will be to get Bayern Munich back to the top of German football. Bayern certainly face an uphill battle, having finished the recently concluded season 18 points behind unbeaten champions Bayer Leverkusen.

After years of decline and going through multiple coaches, Bayern Munich will hope that the arrival of Vincent Kompany can finally bring some much-needed stability to the club.