Philippe Coutinho Agrees To Take A Pay-Cut As He Extend His Loan Stay With Bayern Munich.

Philippe Coutinho has extended his loan deal to remain with the Bundesliga champions Bayern Munich until the end of the 2019/20 season.

The 27-year-old Brazilian midfiielder joined the club on a season long-loan from his parent club Barcelona with an option to buy for €120m at the end of the campaign which was to end in May.

Due to the coranavirus pandemic, the current campaign have now been extended until August, with Bayern Munich still to play in the German Cup final and the remaining Champions League fixtures.

According to Bild via Marca, Coutinho, who earns up to £200,000 a-week, has agreed to take a 50 per cent pay cut to stay at the Allianz Arena, so as other loanee's Real Madrid defender Alvaro Odriozola and Inter winger Ivan Perisic who also agreed to a contract extension.  

Coutinho initially joined the Spanish gaints Barcelona from Liverpool in January 2018 for a record fee of £142millon, which includes add-ons, but has not been able to fit-in to the Barcelona style of play, scoring 21 goals in 76 appearances.

He has been heavily linked to a move to London to join Frank Lampard's Chelsea team after his loan spell with Bayern Munich expires, as the club are not willing to make his loan stay a permanent one, but has rather signed Leroy Sane from Manchester City.

CloudNine Sport understands that Coutinho's parent club Barcelona are so Keen on selling him to raise vital funds for the club, and are willing to also accept half of what they paid to Liverpool in order to sell him on a permanent deal.

The 2019 Copa America winner has made 33 appearances for Bayern Munich this season, scoring 9 Goals and creating 8 assist across all competitions. He has also recently won the Bundesliga title with the German side.

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