"We're very happy that we could win Niko Kovac as a new coach for Bayern", sports director Hasan Salihamidzic said.
The Eintracht handler has been confirmed as the next Bayern Munich manager, and will take over July 1, after signing a three-year deal.
It is no surprise for either Bayern and Real to be in the last four - anything less would have been measured a failure for clubs that will meet for 25th and 26th times in Europe, making it the most-played UEFA competition tie. "We've convinced he's the right trainer for the future of FC Bayern".
Club chief executive Karl-Heinz Rummenigge insisted Bayern, who have already clinched the Bundesliga title, are underdogs against a Real side lying fourth in La Liga.
The 46-year-old is now at the helm of Eintracht Frankfurt - who sit fifth in the table, 26 points adrift of Kovac's new employers - who already have the league title in the bag.
Kovac has a long playing career in the Bundesliga, was at Bayern between 2001-03.
"I have good memories of our treble season". With AP Photos.Bayern Munich has hired Niko Kovac as coach starting next season. "It's hard for me now that it's ending soon".
They take on Bayer Leverkusen in the German Cup semifinal next week. Robert Lewandowski can have a field day against the Madrid backline and with the first leg being in Munich, Bayern can get a much-needed head start against Los Blancos.
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"The timing is unfortunate, and the fact information has leaked to the public - certainly not from Frankfurt, but from Munich - is disrespectful, unprofessional".
"If anybody think this is the easiest draw then I can not help this person; they obviously didn't see both games against Barcelona", he said.
Kovac was appointed at Eintracht in March 2016 and helped the club survive a relegation play-off that season before guiding them to a respectable 11th-place finish in 2017.
They are attempting to extend their record with a 13th European title and become the first club to be crowned continental champions in three consecutive seasons since Bayern accomplished the feat from 1974-1976.
"Bayern are a great team and we will need to be at our best in both games".
Last year, Ronaldo scored a second-leg hat-trick as Real edged out Bayern in a thrilling quarter-final after extra time.
Though that will depend on whether he wants to stick around with new boss Niko Kovac now set to arrive in the summer.