Philippe Coutinho has joined Bayern Munich on loan for the rest of this season, after the German club announced a deal is imminent.
The Brazilian playmaker has struggled to rekindle the kind of form that made him a fan favourite at Anfield since moving to Barcelona from Liverpool for a fee reportedly worth €142m in January 2018.
The Spanish club spent €120m on Antoine Griezmann this summer, fuelling speculation the attacking midfielder would be shipped off this summer.
It was thought Coutinho would be a makeweight in a swap deal with PSG for Neymar to make a sensational return to the Camp Nou, but it is believed the player was not willing to trade places with his compatriot and move to Paris.
In the last week Bayern had emerged as surprise suitors for the former Inter Milan player after their bid for Manchester City’s Leroy Sané was crushed by the winger’s ACL injury, and the German outfit confirmed on Friday that they had reached an agreement with Barça over a one year loan deal.
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The Catalan outfit confirmed that Bayern will cover all of Coutinho’s salary for the season on top of a nominal fee, while they also set a very high price for the playmaker should the Bundesliga champions take up the option to buy him.
“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. Bayern Munich will pay 8.5 million euros and the player’s wages,” the club said in a statement.
“The agreement also sees an option to buy for Bayern fixed at 120 million euros.”
“We’re delighted to be bringing this player to FC Bayern,” sporting director Hasan Salihamidžić stated, while head coach Niko Kovac said: “In my opinion, not only FC Bayern Munich, but also the entire Bundesliga and the whole of Germany can be delighted to be welcoming such a big-name player to our league.“
Most of the original fee when he moved from Anfield has been paid, but The Liverpool Echo has reported that Liverpool will now miss out on the final €5m owed to them relating to performance based bonuses.
Coutinho, who has scored 21 goals in 76 appearances in all competitions for La Blaugrana, is the Bavarian club’s fourth high profile signing of the summer alongside Lucas Hernandez, Benjamin Pavard and Ivan Perisic, who recently signed on loan from Inter.