Jurgen Klopp has told Borussia Dortmund he wants to quit at the end of the season, according to reports in Germany. The 47-year-old manager believes he has taken the Bundesliga club as far as he can and wants a new challenge after a year off. The club have called a press conference for Wednesday at 12.30pm. Jurgen Klopp has told Borussia Dortmund he wants to leave the club this summer . Klopp could be heading for the exit door after seven largely successful years at Dortmund . A downcast Klopp during Dortmund's 3-1 loss to Borussia Monchengladbach at the weekend . Martin Samuel on why Premier League clubs should be trying to entice Klopp . Klopp has been linked with a move to the Barclays Premier League and this news will have Arsenal and Manchester City, among others, on alert. The German newspaper Bild report that Klopp has told Dortmund chief executive Hans-Joachim Watzke he wants to leave after seven years at the Westfalenstadion. In that time, he has won two Bundesliga titles and the German Cup, as well as guiding the team to the Champions League final in 2013. Bild report that the former Mainz coach Thomas Tuchel, 41, is in the frame to take over. Although Klopp is contracted to Dortmund until 2018, he is understood to be exhausted following a difficult season in which the club have flirted with relegation. Dejected Dortmund players Neven Subotic, Mats Hummels, Sokratis and Ciro Immobile after Saturday's loss . The season has been one of struggle for Dortmund, who flirted with relegation from the Bundesliga . Klopp shakes hands with Arsenal manager Arsene Wenger before their Champions League tie in November . The news about Klopp's future will place a number of Premier League clubs on alert . Bundesliga 2010-11, 2011-12 . German Cup 2011-12 . DFL-Supercup 2013, 2014 . T-Home Supercup 2008 . UEFA Champions League runner-up 2012-13 . German Manager of the Year 2011, 2012 . Sitting in 10th position, Dortmund find themselves 37 points behind rivals and league leaders Bayern Munich. But even this is an improvement on a catastrophic first half of the season in which they won just four league games before the winter break and sat bottom for three weeks. They suffered further embarrassment in the Champions League, beaten 3-0 at home by Juventus in the second leg of their last-16 tie to complete a 5-1 aggregate defeat. The relationship between Klopp and bosses Watzke and sport manager Michael Zorc has become increasingly strained. Bild also claim that Zorc met with Tuchel back in April 2014 amid speculation that Klopp was set to join a Premier League club then. 15/8 - Man City . 11/2 - Real Madrid . 6/1 - Arsenal . 6/1 - Liverpool . 7/1 - Barcelona . 10/1 - Chelsea . 10/1 - Bayern Munich . 12/1 - Man United . 17/1 - Everton . 33/1 - Southampton . 33/1 - Atletico Madrid . 45/1 - Newcastle . 45/1 - West Ham . Odds courtesy of Paddy Power, correct at time of publication .
Premier League clubs on alert after shock reports from Germany .
Klopp has told Dortmund bosses he wants to leave in the summer .
Press conference has been scheduled for 12.30pm .
The 47-year-old has been linked to Arsenal and Man City jobs .
Klopp has won two league titles and the German Cup in seven years there .
BREAKING NEWS: Klopp confirms he will leave Dortmund in the summer .