Premier League champions Liverpool have agreed a deal to sign Bayern Munich midfielder Thiago Alcantara this summer as they look to build on the squad that won the league title last term.
The Athletic revealed that Liverpool have been in talks for the world-class talent over the past weeks and that they made a breakthrough earlier this week.
Thiago Alcantara had been strongly linked with an exit from Bayern Munich this summer and the Bavarian giants were keen to wrap up a deal for him before the start of their new Bundesliga campaign on Friday.
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Bayern wanted to get a transfer fee for the Spanish international rather than receive nothing for his transfer when his contract runs out at the end of this season.
The reigning European champions asked for £27m for Thiago Alcantara and Liverpool initially tabled a £20m for him.
The Reds have now been able to meet up with the financial demands of the transfer. They will pay an initial fee of £20m plus £7m in add-ons provided the player wins the Premier League title or the Champions League title.
Thiago Alcantara has already agreed a four-year deal with Liverpool and he’ll be their second signing this summer after Greek left-back Kostantinos Tsimikas.