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Bayern Munich sign 16-year-old from Greuther Fürth for €500,000

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Timothy Tillman will join Bayern's U-17 side.

Giuseppe Bellini/Getty Images

Bayern Munich have signed another talented youngster to the club, according to Kicker. Timothy Tillman, a 16-year-old attacking midfielder, will join the Rekordmeister from Greuther Fürth for a transfer fee of €500,000. The fee is expected to grow depending on certain goals behind met during Tillman's FC Bayern career.

Obviously this is quite the fee for a 16 year old, but he had two years remaining on his contract. The good news is that it does appear that Bayern's plan is to let him develop in the U-17s. His younger brother Malik will also be joining the Bayern academy. The club is making sure to keep the family together and has reportedly found their mother a job in the Munich area.

Tillman is not the only player bringing money to Fürth during this transfer window. New Chelsea player Baba Rahman joined SpVgg at the age of 18 where he played for two seasons before moving to Augsburg. Fürth had a sell-on clause in the deal, so they will be rewarded with some of the estimated €30 million transfer fee.

"That speaks well, once again, of the quality of our youth development work," Fürth youth director Jürgen Brandl said of Tillman's transfer.

Tillman has featured for Germany's U-15 national team and has dual citizenship between Germany and the United States.