Rodriguez on loan to Bayern.
Bayern Munich have signed Real Madrid forward James Rodriguez on a two-year loan deal with the option to buy.
The 25-year-old, Rodriguez signed a six-year contract at Real after joining from Monaco for £71m in July 2014, made just 22 appearances in La Liga last season.
"Signing James Rodríguez was our coach Carlo Ancelotti's biggest wish," said Bayern chairman Karl-Heinz Rummenigge.
"We're happy we've been able to complete this transfer."
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