Coutinho signs for Bayern Munich on loan
Philippe Coutinho joins Bayern Munich on a season's loan from Barcelona with the Bundesliga champions having an option to make the deal permanent.
PHILIPPE COUTINHO SMILING WITH PEN IN HAND NEXT TO BAYERN MUNICH SPORTING DIRECTOR HASAN SALIHAMIDZIC 2.
COUTINHO SIGNING HIS CONTRACT / SALIHAMIDZIC GRINNING 3.
COUTINHO AND SALIHAMIDZIC SHAKING HANDS 4.
COUTINHO'S BAYERN MUNICH SHIRT / COUTINHO AND SALIHAMIDZIC EMBRACE / COUTINHO HOLDING UP HIS SHIRT TO LOOK AT STORY: Bundesliga champions Bayern Munich have signed Barcelona midfielder Philippe Coutinho on loan for the season, the two clubs confirmed on Monday (August 19).
Bayern will pay a loan fee of 8.5 million euros ($9.44 million) and pay his wages.
They have the option of making the deal permanent for a fee of 120 million euros.
Coutinho, who joined Barcelona in January last year for approximately 142 million pounds ($172.25 million), was the third most expensive transfer in history but he failed to hit the same heights at the Camp Nou as he did with
"FC Barcelona and Bayern Munich have reached an agreement for the loan of the player Philippe Coutinho to the German club for the 2019/20 season," Barcelona said in a statement.
"Barcelona would like to publicly thank Philippe Coutinho for his commitment and dedication wishes him all the best in this new stage of his career." Coutinho will wear the number 10 shirt previously worn by Dutchman Arjen Robben, who retired at the end of last season.
"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," Bayern CEO Karl-Heinz Rummenigge said.
"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." Bayern, who drew their first league game 2-2 with Hertha Berlin on Friday (August 16), play away at Schalke on Saturday (August 24).
(Production: Stefan Haskins)