Philippe Coutinho joins Bayern Munich on a season-long loan from Barcelona on with £109.8m option to buy next summer.
The 27-year-old Brazil international had been heavily linked with a move away from Camp Nou this summer after a disappointing season with the La Liga Champions, with a number of sides believed to be keen on giving former Inter Milan star the chance to reignite his career.
Bayern have been in the transfer market for new forward after the club lost both Franck Ribery and Arjen Robben this summer, and had pursued the likes of Chelsea's Callum Hudson-Odoi and Manchester City's Leroy Sane as replacements before going for Coutinho.
Ex-Liverpool man told the Bundesliga holders official 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."
FC Bayern CEO Karl-Heinz Rummenigge commented: "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.”
Sporting director Hasan Salihamidzic commented: "Philippe made it very clear to us during the negotiations in Barcelona that he absolutely wanted to move to FC Bayern. 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. Philippe Coutinho will help us achieve the ambitious targets we’ve set for this season."
Inter's Ivan Perisic on loan for the upcoming season and Coutinho has now followed the Croatia international through the door at the Allianz Arena will now compete with Serge Gnabry, Alphonso Davies and Kingsley Coman for minutes in Niko Kovac's side.
Coutinho has scored 21 goals in 75 games in all competitions for Barcelona, also contributing 11 assists since moving to La Liga Champions from Liverpool in January 2018.