Bundesliga champions Bayern Munich have signed Barcelona midfielder Philippe Coutinho on loan for the season, the two clubs confirmed on Monday.

Bayern will pay a loan fee of €8.5 million (US$9.5 million) and pay his wages. They have the option of making the deal permanent for a fee of €120 million.

Coutinho, who joined Barcelona in January last year for approximately £142 million, was the third most expensive transfer in history but he failed to hit the same heights at the Camp Nou as he did with Liverpool.

“FC Barcelona and Bayern Munich have reached an agreement for the loan of the player Philippe Coutinho to the German club for the 2019/20 season,” Barcelona said in a statement.

Coutinho will wear the number 10 shirt previously worn by Dutchman Arjen Robben, who retired at the end of last season.

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