Thiago Alcantara agrees to leave Barcelona for Bayern Munich as Manchester United miss out The clubs have agreed a transfer fee totalling 25million euros. FC Bayern will directly pay 20million euros. The remainder will be financed by the proceeds of a friendly match agreed between the clubs. A further proportion of the remaining sum will be indirectly covered by Thiago Alcantara himself, as the player will forego part of his remuneration. Bayern chairman Karl-Heinz Rummenigge added: "Thiago Alcantara was the biggest wish of our new coach Pep Guardiola. We're delighted we've successfully negotiated this major transfer. Only recently, Thiago was named best player at the Under-21 European Championship. He's a fantastic player with huge potential, and he will make FC Bayern stronger. Thiago scored a hat-trick in the final against Italy as Spain's youngsters won this summer's tournament in Israel. He becomes the fourth member of that victorious squad to make a big-money move this summer, following Real Madrid's signings of Isco, Asier Illarramendi and Dani Carvajal. Confirmation of Thiago's move will come as a setback to new United manager David Moyes, who has also been linked with a bid for fellow Barcelona midfielder Cesc Fabregas.