Bayern Munich have signed Real Madrid star James Rodriguez on a two-year loan deal with an option for a permanent deal, subject to a medical.
Bayern CEO Karl-Heinz Rummenigge said: "We are delighted to have realised this transfer. It was our coach Carlo Ancelotti's big wish to sign James Rodriguez with whom he worked successfully at Madrid already.
"James is a versatile player. He's dangerous in front of the goal, sets up a lot of strikes and kicks great set pieces. Without a doubt, we've increased the quality of our squad with this transfer once again.