Barcelona have appointed Ronald Koeman as their next coach, the club said in a statement on Wednesday, as the Catalans look to rebuild after their 8-2 thrashing by Bayern Munich in the Champions League last week.

Koeman, who has left his role as manager of the Netherlands, has signed a two-year-deal with Barcelona, who sacked Quique Setien on Monday after he presided over the club's worst defeat ever in European competition.

Koeman, who will be officially presented at the Camp Nou stadium later on Wednesday, is dearly loved at Barca for his role in Johan Cruyff's hugely successful side known as the 'Dream Team' and for scoring the goal that delivered the club's first ever European Cup in 1992.

The defender later became the club's assistant coach before embarking on a career as a head coach, managing Dutch sides Ajax Amsterdam, PSV Eindhoven and Feyenoord plus Premier League sides Southampton and Everton and La Liga's Valencia.

"Barcelona and Ronald Koeman have come to an agreement for him to be the team's coach until 30 June 2022," said Barca's statement.

"A club legend and Barca's hero at Wembley who gave fans their first European Cup, Koeman is coming back to the Camp Nou. But this time he will be in the dugout to lead the team."