Bayern Munich Signs Philippe Coutinho on a Season long loan from Barcelona
Bayern Munich have confirmed the signing of Philippe Coutinho on a season-long loan from Barcelona in a deal worth £19million.
The Brazilian and former Liverpool midfielder only moved to the Barcelona in January 2018. He has found himself surplus to requirements after his unimpressed performances for the club.
According to the deal, Bayern Munich signed him for the rest of the campaign. They will pay his £11m-a-year wage on top of an initial £8m fee. The club also have an option to sign Coutinho on a permanent deal at any stage of the loan for €120million (£110m).
A statement from Barcelona also confirmed that Bayern Munich would pay just €8.5m (£7.75m) to bring him in for the season. They will also cover Coutinho’s wages for the campaign as part of the agreement between the two sides.
Coutinho Speaking on his Signing
On signing for the club, Coutinho, who will wear the No 10 shirt at Bayern told the club’s website: ‘For me, this move means a new challenge in a new country with one of the best clubs in Europe.
‘I’m very much looking forward to that. Like FC Bayern, I have big ambitions and I’m convinced that I can achieve them together with my new teammates.’
Bayern CEO Karl-Heinz Rummenigge added: ‘We’ve been working on bringing in Philippe Coutinho for quite some time and we’re very happy that we’ve been able to complete this transfer.
Our thanks go to FC Barcelona for agreeing to the transfer. With his creativity and outstanding skills, Philippe is a player who will immediately strengthen our attack.’
Philippe made it very clear to us during the negotiations in Barcelona that he absolutely wanted to move to FC Bayern,’ he said.
‘He’s a world-class player with great ability, who we can deploy in a number of positions in our forward line, so the FC Bayern squad has gained even more quality.
‘He will help us achieve the ambitious targets we’ve set for this season.’