The Bavarian giants announced in February that current head coach Thomas Tuchel would be leaving his post at the club at the conclusion of the campaign.
The reasoning for the decision can largely be viewed on the Bundesliga standings, with Bayern 16 points behind league leaders Bayer Leverkusen after 29 matches.
Following Leverkusen's 5-0 thrashing of Werder Bremen on Sunday afternoon, Xabi Alonso's troops have secured the club's first-ever German top-flight title.
In the process, Bayern's 11-year possession of the Bundesliga crown has come to a sobering end, and there is a distinct possibility that Tuchel's side conclude the campaign trophyless.
Nagelsmann tops Bayern manager shortlistAccording to transfer specialist Fabrizio Romano, Bayern Munich have drawn up a three-man shortlist for their vacant managerial position ahead of the new term.
The report claims that former boss Nagelsmann is the Bavarians' first choice, with the 36-year-old currently in place as head coach of Germany.
The ex-Leipzig man is preparing to lead Die Mannschaft into a home European Championships, starting with a match against Steve Clarke's Scotland at the Allianz Arena on June 14.
It is understood that Brighton & Hove Albion boss Roberto De Zebri is also a candidate for the Bayern job, despite the Seagulls dropping off in the Premier League this season.
Another option for the 33-time German champions is ex-Manchester United coach Ralf Rangnick, who is currently employing his world-renowned gegenpressing style as leader of the Austrian national team.
Bayern face competition Read on sportsmole.co.uk