BERLIN (Germany): Bayern Munich chairman Karl-Heinz Rummenigge confirmed on Thursday the club has agreed a transfer with Liverpool for Spain midfielder Thiago Alcantara.
“I can confirm that FC Bayern have finally agreed with Liverpool FC,” Rummenigge told German daily Bild.
“It was Thiago’s big wish to once more do something new before the end of his career.”
It is understood Liverpool will pay an initial fee of £20 million ($26 million) for the player, who has one year remaining on his contract at European champions Bayern, with more to follow in add-ons.
Thiago, 29, was missing from Bayern Munich’s training session on Thursday, according to German media reports, having stalled over signing an extension with a year left on his current contract.
Liverpool, however, have decided to make their move for Thiago now with Manchester United also reportedly chasing the signature of the Spanish playmaker.
He would be Liverpool’s second signing of the summer transfer window and a more significant acquisition than that of Greece left-back Kostas Tsimikas, who was bought to provide cover for Andy Robertson.