Philippe Coutinho has agreed to a major wage cut in order to finish the season at Bayern Munich. The Brazilian midfielder is on loan from FC Barcelona and his loan contract in Germany would have ended on June 30th. Both teams have now agreed that Coutinho will stay at Bayern until the end of August, with the midfielder making a huge gesture.
Coutinho has accepted a 50 per cent wage cut to finish the season at Bayern, BILD reports. The former Liverpool midfielder is keen on finishing the season with the Germans, as he will now be available for the club in the final of the German DFB Pokal and the remaining games of the Champions League in August.
Barcelona are still keen on selling Coutinho this summer to generate funds to bring back Neymar from Paris Saint-Germain. The club hopes that Coutinho’s performances in the Champions League will attract new interest in him. Bayern have also reached an agreement with Real Madrid and Internazionale for the loans of defender Alvaro Odriozola and winger Ivan Perisic.