The Italian legend will takeover after Maurizio Sarri was sacked by the club following the Bianconeri’s elimination from the Champions League on Friday evening.
Pirlo was named as the club’s U23 coach only 10 days ago, but has now been promoted to the top job.
The 41-year-old is regarded as one of Juve’s greatest ever players, winning four Serie A titles and one Coppa Italia in his four years at the club.
Can he succeed as a manager? Only time will tell, but the decision to appoint him to the position is an immensely risky one.
After all, the Bianconeri could have picked from a wide array of experienced, top-class managers to succeed Sarri.
Both Mauricio Pochettino and Massimiliano Allegri were linked with the role, but Juventus have opted for the wildcard pick.
It could be Pep Guardiola at Barcelona all over again, or it could end up like Alan Shearer’s managerial stint at Newcastle.