Manchester United, Liverpool and Chelsea have missed out on the signing of Real Madrid’s James Rodriguez.
The Colombian playmaker has been linked with a move to the Premier League trio for around £60m this summer, but has today put an end to the speculation by completing a two-year loan move to Bayern Munich.
The Bundesliga Champions have an option to buy the playmaker following the two year stint in Bavaria, where the 25-year-old will be reunited with former Real Madrid coach Carlo Ancelotti.
In a statement on the club website, Chairman Karl-Heinz Rummenigge said:
“We’re delighted we’ve been able to complete this transfer. Signing James Rodríguez was our coach Carlo Ancelotti’s biggest wish, following their successful spell working together in Madrid,
“James is a very versatile player. He’s a goalscorer himself, he sets up a lot of goals and on top of that he’s great from set-pieces. There’s no question that this transfer further increases the quality in our team.”
It is believed that the German giants will pay €5m-a-year to Real Madrid for his services, and have a €32.5m option to purchase him outright in 2019.
Rodriguez has scored 36 goals and provided 41 assists since moving to the Bernabeu three years ago, in an €80m move from AS Monaco.
The deal is subject to a medical.