The Times: Liverpool's Pepe Reina will join Bayern Munich

Bayern Munich's search for a third goalkeeper might have come to an end.

The Times's Gary Jacobs is reporting that Liverpool goalkeeper Pepe Reina will transfer to the German champions for a reported fee of £2 million (~€2.5 million).

Reina deal from Liverpool to Bayern done, fee about £2million more soon @TimesSport

— Gary Jacob (@garyjacob) August 5, 2014

The 31-year-old Reina spent the 2013/14 season on loan at Napoli, who finished third in the Serie A table behind Juventus and AS Roma. He is to be the insurance policy for Simon Mignolet upon his return to Merseyside. He also earned a call-up to the Spanish National Team for the World Cup, the back-up goalkeeper behind Iker Casillas.

If the report is true, it would be the first multi-million Euro transfer for a Goalkeeper since the acquisition of Manuel Neuer in 2011. Reina would also become the first Spanish goalkeeper ever to find his way to Munich.

Bayern missed out on one World Cup goalkeeper in Costa Rica's Keylor Navas, who decided to transfer to Real Madrid instead. The club also inquired about Genoa's Mattia Perrin, but there was not enough traction to convince the 21-year-old to move to Germany.

Tom Starke has undertaken every start in the preseason in the absence of World Cup champion Manuel Neuer, recording clean sheets against the Red Barrons and Chivas Guadalajara. With just two goalkeepers on professional contracts, Bayern's acquisition of a third would fall in the pattern of the club's squad construction over the past 25 years.

With Bayern set to play the MLS All-Star Game on Wednesday, more details of the transfer likely won't surface until their return to Germany.