Philippe Coutinho ‘takes 50% pay cut to stay at Bayern Munich until the end of the season’… with his loan from Barcelona extended so that he can play in the German Cup final and Champions League
- Philippe Coutinho’s loan deal at Bayern Munich was set to expire on June 30
- But the midfielder has agreed to extend it as the season has not yet ended
- He has also taken a huge pay cut in order to push through the loan extension
Philippe Coutinho has agreed to slash his salary in half to stay at Bayern Munich until the end of the season, according to reports.
The Brazilian’s loan deal was set to expire at the end of June, as he initially penned a season-long switch, but Bayern’s campaign will now potentially not end until the end of August.
This is due to the pause caused by the coronavirus pandemic, with Bayern facing a German Cup final and Champions League games over the next two months.
Philippe Coutinho slashed his salary in half to stay at Bayern Munich until the end of the season
Now Marca are reporting that Coutinho agreed to take a 50 per cent pay cut to stay at the Allianz Arena until the campaign is completed.
The Barcelona man has been joined by fellow loanees Alvaro Odriozola – on loan from Real Madrid – and Inter Milan winger Ivan Perisic.
Bayern do have the option of signing Coutinho permanently for €120million (£108m) at the end of the season.
But reports have suggested they are unlikely to do so, with Leroy Sane set to join from Manchester City.
Coutinho will now be available for the German Cup final and further Champions League games
Barcelona will still look to sell the 28-year-old in the upcoming window in order to bring money into the club.
Both Inter and PSG have been mooted as potential destinations but Coutinho is thought to have little interest in moving there.
Instead, it is being reported that his preference is a return to the Premier League – where he starred for Liverpool.
Bayern do have the opportunity to sign Coutinho permanently but are unlikely to do so
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