One year after failed bid, Bayern Munich finally land Palhinha

Bayern Munich on Thursday finally secured the signing of Portugal midfielder Joao Palhinha from Fulham for a reported fee of 49 million euros ($53 million) after coming close to acquiring him last year.

The 28-year-old, who spent two years at Fulham after arriving from Sporting Lisbon in 2022 for 22 million euros, signed a four year contract. 

Bayern had been poised to sign Palhinha in 2023, the defensive midfielder had even posed in the club's strip, but the deal fell through just before the transfer window closed when Fulham failed to find a replacement. 

In a statement, Palhinha said it was "one of the happiest days of my life," adding "this is a dream come true for me... I want to enjoy success with Bayern and win titles."

Sporting director Max Eberl said the player was "highly sought after by Bayern even last summer –- and rightly so. It was important that we never lost touch"

Palhinha, who has scored twice in 31 international appearances, took part in Portugal's Euro 2024 campaign which ended at the hands of France in the quarter finals.

His signing is Bayern's third major arrival of the summer, as the club continues a summer rebuild after a first season without a trophy since 2012. 

Forward Michael Olise and centre-back Hiroki Ito have already joined the club, alongside manager Vincent Kompany who was appointed coach at the end of last season.

Kompany will be tasked with returning Bayern to the top of the German football tree after their streak of 11 straight Bundesliga titles was broken last season.  

Bayern were eliminated in the semi-finals of the Champions League by eventual winners Real Madrid, while Bayer Leverkusen won the league and cup double under manager Xabi Alonso. 

Kompany will have added pressure as the Champions League final is to be held at Bayern's Allianz Arena next season.