Barcelona have announced they have reached agreement with Bayern Munich for Philippe Coutinho to join the German club on loan for the 2019-20 season.

Barca said in a statement on Monday that Bayern will pay 8.5 million euros (£7.8m) and the Brazil playmaker’s wages, and that the agreement also includes an option to buy for the Bundesliga champions fixed at 120m euros (£109.8m).

They added: “FC Barcelona would like to publicly thank Philippe Coutinho for his commitment and dedication (and) wishes him all the best in this new stage of his career.”

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