Bayern Munich have confirmed that playmaker James Rodriguez has agreed to join on a two-year loan deal from Real Madrid.

The Colombia international moved to Los Blancos after impressing at the 2014 World Cup in Brazil, where he finished as the tournament’s top scorer with six goals.

Real Madrid paid Monaco a fee in the region of 80million euros to take Rodriguez to the Bernabeu but he has struggled to become a regular in the Spanish capital.

Rodriguez has made 111 competitive appearances for the club, although he turned out just 22 times in La Liga last season as Real won the title.

The 25-year-old made it clear he was frustrated with a lack of game time last term and was expected to depart this summer, with Manchester United and Chelsea known to be big admirers.

However, Bayern, who are priced at 6.00 to win the Champions League, have now confirmed they have secured a two-year loan deal with the option to make it a permanent switch in 2019.

Bayern chairman Karl-Heinz Rummenigge confirmed that boss Carlo Ancelotti was desperate to bring in the attacking midfielder and expects he will play a big role.

Rummenigge told the club’s official website: “We’re delighted we’ve been able to complete this transfer.

Signing James Rodríguez was our coach Carlo Ancelotti’s biggest wish, following their successful spell working together in Madrid. “James is a very versatile player.

He’s a goalscorer himself, he sets up a lot of goals and on top of that he’s great from set-pieces. There’s no question that this transfer further