FC Bayern München and Real Madrid have today agreed the transfer of Colombian international James Rodríguez to the record German champions. The two clubs have agreed on a two-year loan deal until 30 June 2019 with the option for FC Bayern München to buy the player. James Rodríguez will sign his contract in Munich once the obligatory medical has been successfully completed.

The 25 year-old midfielder was the top scorer at the 2014 World Cup in Brazil with six goals, after which he moved from Monaco to Real Madrid. In the last three years, he's won the UEFA Champions League and FIFA Club World Cup twice with the Spanish side as well as La Liga once. In total he made 111 competitive appearances for Real, scoring 36 goals and giving 41 assists.

“We’re delighted we’ve been able to complete this transfer. Signing James Rodríguez was our coach Carlo Ancelotti’s biggest wish, following their successful spell working together in Madrid,” commented FC Bayern München AG chairman Karl-Heinz Rummenigge. “James is a very versatile player. He’s a goalscorer himself, he sets up a lot of goals and on top of that he’s great from set-pieces. There’s no question that this transfer further increases the quality in our team.”

James Rodríguez will be a member of the FC Bayern squad that sets off on Sunday evening for the 12-day Audi Summer Tour to China and Singapore.

Representatives of FC Bayern München and Juventus have agreed terms for the transfer of Douglas Costa. The 26-year-old, who has made 21 senior appearances for Brazil, joins Juventus on loan for one year. The Italian record champions may then exercise an option to make the move permanent on 1 July 2018.

"We had serious and constructive talks with Juventus' representatives. All of FC Bayern's financial demands have been met," declared chairman Karl-Heinz Rummenigge.

After moving to Munich from Shakhtar Donetsk in 2015, Costa made 77 competitive appearances for FC Bayern, scoring 14 and setting up 27 goals. He won two German championship titles, the DFB Cup and the DFL Supercup in his spell with the German record champions.

"I'd like to thank Douglas for his performances. After two successful years and four titles it was his big wish to take on a new challenge," said Rummenigge: "We granted his request, and we wish him and his family all the best for the future in Italy."