Bayern Munich have announced that they have signed Kingsley Coman from Juventus in a permanent deal worth €35million.
The France international forward has signed a contract until June 2020 after Bayern agreed to pay the €21m fee required to buy him outright.
“Kingsley Coman is an important building block for the future of our team, so we decided to take up the option,” the chairman, Karl-Heinz Rummenigge said via the club’s official website.
“Kingsley is a player with great potential. We’re convinced that he will help us in the coming years.”
Coman joined Bayern on a two-year loan deal in 2015, with the Bundesliga champions possessing the option to finalise a permanent deal at any time before April 30.
The total cost of the transfer includes the two instalments of €7m Bayern paid to Juve during the loan.
There had been reports in France that the 20-year-old was having second thoughts about the prospect of committing his long-term future to the Allianz Arena.
Premier League clubs including Chelsea and Manchester City, managed by former Bayern boos Pep Guardiola, had been linked with a possible bid.
He has made 23 appearances in all competitions this season, scoring twice.