Bayern Munich agrees two-year loan for Real Madrid's James Rodriguez

After falling down the pecking order at Real Madrid, James Rodriguez is set to join Bayern Munich on a two-year loan.

"We are very happy that we were able to implement this transfer," Bayern chairman Rummenigge said after the move.   -  Getty Images

Bayern Munich have agreed a deal to sign James Rodriguez from Real Madrid on a two-year loan, with the Bundesliga champions holding a purchase option on the Colombia star.

The 25-year-old will reunited with Carlo Ancelotti at the Allianz Arena, with the Italian having brought James to the Spanish capital following his sparkling displays at the 2014 World Cup.

James fell down the pecking order at the Santiago Bernabeu following the arrival of Zinedine Zidane as head coach in January 2016, though, and was left out of last season's Champions League final victory over Juventus, prompting renewed speculation he would leave the club.

And Bayern chairman Karl-Heinz Rummenigge stated that James was a primary target for Bayern.

"We are very happy that we were able to implement this transfer," said Rummenigge.

"The commitment of James Rodriguez was the great wish of our coach, Carlo Ancelotti, after both had already successfully worked together in Madrid.

"James is a versatile player. He is dangerous, sets up many chances and shoots to great standards. With this transfer, we have been able to raise the quality of our team without question."

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