Bayern Munich CEO Karl-Heinz Rummenigge has said the club will make a decision on Pep Guardiola's future before the end of the year.

Guardiola's current Bayern deal is due to expire next summer, leading to speculation that he could opt for a new challenge at the end of the season, with Manchester City and England both having been touted as possible destinations.

Speaking to reporters ahead of the club's Champions League match at Arsenal on Tuesday, however, Rummenigge said he remains confident the Catalan will extend his stay at the Allianz Arena.