The game will form the ‘Uli Hoeness Cup’, in honour of the Bayern President, with Barcelona going to the Allianz Arena to face the German side each year.
It will be the first time Guardiola has faced Barcelona, with whom he won 14 trophies in four seasons as manager.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.