Serie A club Napoli have appointed Carlo Ancelotti as their new coach, with the former Bayern Munich manager signing a three-year contract to replace Maurizio Sarri.
Napoli announced the hiring on Wednesday after Ancelotti had a three-hour meeting with club president Aurelio De Laurentiis on Tuesday.
The 58-year-old Ancelotti, who was sacked by Bayern in September, has won league titles in four different countries - Italy, England, France and Germany - and won the Champions League with AC Milan and Real Madrid.
The Italian coach has not worked in his home country since leaving Milan in 2009. He had been touted as the next Italy head coach until Roberto Mancini was installed earlier this month.
Shortly before the announcement, De Laurentiis publicly thanked Sarri.
De Laurentiis wrote on Twitter: "I'd like to thank Maurizio Sarri for his valuable contribution to the Napoli cause.
"He brought joy and prestige to Naples and Napoli fans all over the world with an entertaining brand of football that drew praise from all quarters. Well done, Maurizio."
Sarri had been in charge of Napoli since 2015 and led his hometown team to second place in Serie A last season with a club record of 91 points, although it was still not enough to beat Juventus to the Scudetto.
It was a third campaign of improvement from the Azzurri under his management. Napoli were runners-up in 2015-16 and, although they placed third a year later, they reached the last 16 of the Champions League.
Despite Napoli's lofty finish, De Laurentiis has aired his frustration with Sarri - linked with English Premier League club Chelsea despite his fellow Italian Antonio Conte remaining in charge there - over stalled contract talks.
Following Sunday's 2-1 home win over Crotone, Sarri said: "Everything in life ends and it is better to finish things after writing a beautiful story."
Further reports in Italy claim Russian outfit Zenit St Petersburg are also keen to recruit Sarri amid the speculation he has been lined up as a potential successor to Conte in London.