Thiago Alcantara signs for FC Bayern

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Sunday, 14 July 2013: FC Bayern Munich and FC Barcelona have today agreed terms for the transfer of 22-year-old Thiago Alcantara. In the course of the next few days, the Spain midfielder will travel to Munich for the obligatory medical, before signing a four-year contract binding him to Germany’s biggest club until 30 June 2017.

The clubs have agreed a transfer fee totalling €25 million. FC Bayern will directly pay €20 million. The remainder will be financed by the proceeds of a friendly match agreed between the clubs. A further proportion of the remaining sum will be indirectly covered by Thiago Alcantara himself, as the player will forego part of his remuneration.

“Thiago Alcantara was the biggest wish of our new coach Pep Guardiola,” commented Bayern chairman Karl-Heinz Rummenigge, “we’re delighted we’ve successfully negotiated this major transfer. Only recently, Thiago was named best player at the U-21 European championship. He’s a fantastic player with huge potential, and he will make FC Bayern stronger.”

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