Following Wednesday’s 3-0 Champions League defeat by Paris St-Germain, the club’s board decided to dismiss the Italian, who replaced Pep Guardiola at the start of last season.
Ancelotti, 58, helped Bayern win the Bundesliga last term, but the club only reached the last eight of the Champions League and the German Cup semi-finals, the BBC reports.
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Assistant boss, Willy Sagnol, will take temporary charge at the five-time European champions.
Bayern, champions in each of the past five seasons, lies third in the German League and would have to contest heavily for the title…
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