German Bundesliga giants Bayern Munich have confirmed that they have reached a loan agreement for Barcelona playmaker Philippe Coutinho.
Bayern’s CEO (Chief Executive Officer), Karl-Heinz Rummenigge made this known while he was fielding questions from reporters shortly after their league opener on Friday night.
Bayern Munich didn’t have the best start to the defense of their Bundesliga title after they played out a 2-2 draw with Hertha Berlin.
After the game, the Bayern Munich supremo told reporters that Philippe Coutinho will undergo his medical at the start of the new week.
Bayern Munich have reached a one-year loan agreement for the Brazilian international with the option to sign him permanently at the end of the loan spell next summer.
Philippe Coutinho came close to returning to the Premier League on the deadline of the English top flight transfer market. Fortunately, the move fell through.
The 27-year-old was linked with the North London duo of Arsenal and Tottenham Hotspur on the last day of the Premier League transfer window.
Coutinho has had to leave Barcelona on loan after he became surplus to requirements following the arrival of Antoine Griezmann from Atletico Madrid this summer in a £107m deal.
Barcelona are also on the trail of Paris Saint Germain (PSG) attacker Neymar.