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Julian Nagelsmann is reportedly on the verge of becoming Germany’s new head coach until Euro 2024, despite accepting a substantial reduction in his salary.

The former Bayern Munich manager, who is still bound by his contract with the club despite being dismissed in March, is poised to assume the role of head coach for the German national team until Euro 2024, as reported by Bild.

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Bayern Munich will terminate Nagelsmann’s contract to facilitate his official appointment as the successor to Hansi Flick as Die Mannschaft’s new manager.

According to the report, Nagelsmann will experience a significant salary reduction when he joins the national team, earning around €4 million from the German FA (DFB).

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This amount is considerably less than the €20 million he could have earned had he fulfilled his contract with Bayern until 2026.

Nagelsmann and the DFB have already come to a preliminary agreement, and the remaining particulars of his contract will be ironed out in the coming days.

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His inaugural match at the helm of the German national team might take place in an international friendly against the USMNT on October 14.

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