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FC Bayern Signs Thiago for €25 million; €20 million Coming Upfront

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Interest peaked on Thursday, speculation surrounded him on Friday, impatience started to mount on Saturday, and finally, Thiago Alcântara signed with FC Bayern on Sunday.

Alex Grimm

FC Bayern Munich have bought Thiago Alcântara for a grand total of €25 million, with the Spanish international signing a four-year contract with die Roten.

Here are the details of the deal, according to FC Bayern's Official Website:

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 shined in the UEFA U-21 Championships, scoring 3 goals and collecting an assist in five caps. He tallied 46 appearances in all competitions last year with FC Barcelona, coming off the bench 16 times.

Karl Heinz-Rummenigge was ecstatic to sign the 22-year-old.

"Thiago Alcantara was the biggest wish of our new coach Pep Guardiola. 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."

-Karl Heinz-Rummenigge, FC Bayern's Official Website

Where Thiago will fit in Pep Guardiola's schemes is still a mystery, but in spite of that, the addition will add youth and versatility to Germany's and Europe's reigning champion.