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 who
only moved to the Barcelona in January 2018 found himself surplus to
requirements after him his unimpressed performances for the club.

He has now been signed by German champions, Bayern Munich on loan.

According to the deal, Bayern signed him for the rest of the campaign
and 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 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.

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.’