Speculation has raged over Heynckes' future since Bayern appointed former Barcelona coach Pep Guardiola in January.

The 68-year-old – who played 39 times for West Germany – has been a manager since 1979, taking charge of teams like Borussia Monchengladbach, Athletic Bilbao, Real Madrid, Benfica, Schalke, Bayer Leverkusen and Bayern.

He is sure to be a man in demand after leading Bayern to the UEFA Champions League Final, and a Bundesliga title this season, but is more likely to walk away from the sport altogether.

Heynckes – who has been in charge of Bayern in three different spells – said on Tuesday that his time in the German top-flight was coming to an end, and that he was not likely to go abroad.

"Saturday will be my last Bundesliga game as a coach," Heynckes said.

"What will happen after that, we will have to wait until after our two finals (Champions League and DFB-Pokal Cup). I will probably say something in June after the German Cup final.

"If I was 15 years younger I would seriously think about a job abroad but I am not the youngest any more. Clubs want to do a generation change and you cannot really do it with a 68-year-old."

Bayern will end their Bundesliga season – which has seen them win 28 of a possible 33 matches, losing just one – at Monchengladbach on Saturday, a club Heynckes made more than 300 appearances for as a player.