Bayern Munich have signed Portugal wing-back Joao Cancelo on loan until the end of the season from Manchester City, the German club confirmed on Tuesday.

Bayern have an option to buy the Portuguese defender for a reported 70 million euros ($75 million) at the end of the season.

Cancelo, who has scored seven times in 41 appearances for Portugal, arrived in Munich on Monday and completed a medical on Tuesday.

FC Bayern have signed João Cancelo on loan from Manchester City until the end of the season ✍️#MiaSanMia #ServusJoão

— FC Bayern Munich (@FCBayernEN) January 31, 2023

The 28-year-old Portuguese defender joined City from Juventus for 65 million euros ($70 million) in 2019 and has a contract with the English champions until 2027.

"FC Bayern is a great club, one of the best in the world, and it’s enormous motivation for me to now play alongside these extraordinary players in a team," Cancelo expressed in a statement released by the club on Tuesday.

"I know that this club, this team lives for titles and wins titles every year. I'm also driven by the hunger for success," he stressed.

🗣️ "Bayern are a great club, one of the best in the world, and it’s enormous motivation for me to now play alongside these extraordinary players. I know that this club lives for titles and wins titles every year. I’m also driven by the hunger for success."#MiaSanMia #ServusJoão pic.twitter.com/Dsw2P1aNO2

— FC Bayern Munich (@FCBayernEN) January 31, 2023

Throughout his career, Cancelo has won multiple titles, including league titles with Benfica, Juventus, and Manchester City. 

Bayern Sporting Director Hasan Salihamidzic pointed out that the club "had been thinking about (Cancelo) for a while" before making its move. 

Salihamidzic highlighted that Cancelo is "the optimal fit in our system with his attacking style of play and dynamism, and his mentality and experience fit very well in our team."

"I'm convinced Joao will help us in the coming weeks and months where we want to win titles," he added.

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