Italian manager Carlo Ancelotti has praised Bayern Munich's decision to open a new €70m youth academy. Club president Uli Hoeness described the decision to create the new academy, that was officially opened on Monday, as the answer to the "current transfer madness and salary explosion".
Ancelotti was in clear consensus with his president over the Bavarians new academy, the opening of which comes just weeks after Neymar completed a €222m transfer from Barcelona to Paris Saint-Germain.
"It's true, the academy is a good answer," Ancelotti told Bild. "The target of the academy is to bring players from here into the first team, to form our own professionals."
Ancelotti also spoke about his enjoyment at bringing young players through the ranks, pointing towards the likes of pre-season stars Felix Götze, Lukas Mai and Timothy Tillman as youngsters who could soon make the step up in Bavaria, as well as U19 prospects Franck Evina and Marcel Zylla.
"In Madrid, I raised five players from the academy: Jesé [Rodriguez], [Álvaro] Morata, Nacho [Fernández], Casemiro and [Dani] Carvajal, who came back," Ancelotti said as proof of his work with youth players. "I hope for a similar development for the future of Bayern.
"My experience, especially from the Milan academy, is that when players wear the jersey of the club they played for in the youth, it is a very special feeling for them," the Italian added. "And this is a very strong motivation."
Bayern are expected to go on and win another Bundesliga title this season. Claiming a comfortable 3-1 victory at home to Bayer Leverkusen, Bayern are already three points clear of potential title rivals RB Leipzig after the young side suffered an opening day defeat to Schalke 04 thanks to goals from Nabil Bentaleb and Yevhen Konoplyanka.