Brazilian playmaker, Philippe Coutinho has joined Bayern Munich on loan from Barcelona with the option of a permanent transfer next summer for €120 million. Bayern will pay Coutinho's full salary for the duration of the loan deal, which will cost them €8.5m.
In a statement in the aftermath of completing the dead, Bayern officials said: "All parties have agreed not to disclose any financial details of the agreement." However, Barcelona included details of the loan fee and price to make the deal permanent in their announcement.
"For me, this move means a new challenge in a new country with one of the best clubs in Europe," Coutinho said after completing the move. "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."
Speaking later at his presentation he added: "At Barcelona, things did not quite work out as planned. But that's history now."
Coutinho will wear the No. 10, most recently worn by Arjen Robben, and Rummenigge revealed the former Netherlands international gave the move his blessing after Bayern had planned to rest the number for one season.
Coutinho signed for Barca for €120m plus €40m in add-ons in January 2018 after spending five years in the Premier League at Liverpool.
The 27-year-old scored 21 goals and provided 11 assists in 76 appearances for Barcelona in all competitions, winning two La Liga titles and one Copadel Rey.