FC Basel has released Thorsten Fink from his contract, paving the way for the German coach to take over at Bundesliga side Hamburger SV.

Basel agreed with Fink's request to terminate his contract with the two-time defending Swiss champions after ''several discussions and negotiations,'' according to a statement on its website. Fink was under contract until 2013.

Fink's assistant at Basel, Heiko Vogel, will take over on an interim basis until the end of December while the Swiss club looks for a permanent replacement.

Hamburg appointed sporting director Frank Arnesen temporary coach Monday, while the club continued its search for a replacement for Michael Oenning, who was fired last month.

''Thorsten Fink was my preferred coach,'' Arnesen told German magazine Kicker. ''His ways fit with HSV and with our philosophy. He'll improve and further develop our team.''

Former Bayern Munich player Fink led Basel to two Swiss league titles and one cup win after taking over in 2009.

Basel hosts Benfica in the Champions League on Tuesday, when top spot in Group C is at stake.

Hamburg, which is last in the German league with one win from eight games, was to hold a press conference later Thursday.