Juventus sign Bayern's Costa on loan
TURIN, Italy (AP):
Juventus have signed Douglas Costa on loan from Bayern Munich with an option to buy the Brazil winger at the end of next season.
The Italian club said yesterday that it will pay 6 million euros ($6.9 million) for the initial loan. After that, Juventus can secure "the definitive acquisition of the player at a price of 40 million euros ($45.7 million) to be paid in two financial years".
Costa joined Bayern for a reported fee of 30 million euros from Ukrainian side Shakhtar Donetsk in 2015. He enjoyed an impressive first season but was unable to maintain the momentum. In 77 competitive games for the Bundesliga side, he scored 14 goals and set up 27 more, winning two league titles and the German Cup.
"We had serious and constructive talks with Juventus' representatives," Bayern chairman Karl-Heinz Rummenigge said. "All of Bayern's financial demands have been met."
Costa has made 21 appearances for Brazil.