Bayern Munich makes a billion investment

» Updated: July 24 2024

» Published: July 11 2024

Bayern Munich makes a billion investment
Photo: Armando Franca/AP/TT

Share this article

The German giant club Bayern München is making a billion investment ahead of the coming season.

Recently, Michel Olise was purchased for 661 million kronor from Crystal Palace. Now the club is also acquiring the Portuguese midfielder João Palhinha for 570 million kronor.

João Palhinha, who comes from English Fulham, has signed a four-year contract with the German club.

On Bayern München's website, João Palhinha says it's a dream come true and that he likes the atmosphere around the club's home arena.

The club's fans will also feel a positive atmosphere since the latest acquisitions, at a billion level, are a powerful signal to the rest of football Europe that Bayern München will be a force to be reckoned with next season.

I want to win titles and will do everything to achieve that, says João Palhinha.

Bayern missed the league title last season. Vincent Kompany has taken over as the new coach of the team.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Elin Rubensson Pregnant with Second Child, Due March Next Year
1 MIN READ

Elin Rubensson Pregnant with Second Child, Due March Next Year

Alvar Myhlback and Magni Smedås Triumph at Alliansloppet Race
1 MIN READ

Alvar Myhlback and Magni Smedås Triumph at Alliansloppet Race

Swedish Basketball Stars Larsson and Birgander Ready for Decisive Match
1 MIN READ

Swedish Basketball Stars Larsson and Birgander Ready for Decisive Match

Swedish Beach Volleyball Pairs Reach World Championship Quarterfinals
1 MIN READ

Swedish Beach Volleyball Pairs Reach World Championship Quarterfinals

Alexander Isak Nears Liverpool Transfer as New Bid Prepared
2 MIN READ

Alexander Isak Nears Liverpool Transfer as New Bid Prepared

Sagström Shines in Boston, Holds Second Place After LPGA Second Round
1 MIN READ

Sagström Shines in Boston, Holds Second Place After LPGA Second Round

Messi Prepares for Potential Last Home Match with Argentina
2 MIN READ

Messi Prepares for Potential Last Home Match with Argentina

Djokovic Advances to US Open Fourth Round Despite Back Issues
2 MIN READ

Djokovic Advances to US Open Fourth Round Despite Back Issues

Sabalenka Defeats Fernandez in US Open Third Round Rematch
1 MIN READ

Sabalenka Defeats Fernandez in US Open Third Round Rematch

Ben Shelton Exits US Open in Tears Due to Injury
1 MIN READ

Ben Shelton Exits US Open in Tears Due to Injury

Sagström Shines in Boston, Secures Second Place After Two Rounds
1 MIN READ

Sagström Shines in Boston, Secures Second Place After Two Rounds

Brynäs Falls to Kometa Brno in CHL Opener Without Bäckström
1 MIN READ

Brynäs Falls to Kometa Brno in CHL Opener Without Bäckström

Filip Helander Joins BK Häcken on Loan for Swedish Football Return
1 MIN READ

Filip Helander Joins BK Häcken on Loan for Swedish Football Return

Alcaraz Reaches US Open Fourth Round Despite Injury Concerns
1 MIN READ

Alcaraz Reaches US Open Fourth Round Despite Injury Concerns

Tottenham Hotspur Signs Xavi Simons from RB Leipzig
1 MIN READ

Tottenham Hotspur Signs Xavi Simons from RB Leipzig

Swedish Goalkeeper Emma Holmgren Announces Pregnancy
1 MIN READ

Swedish Goalkeeper Emma Holmgren Announces Pregnancy

Sweden Suffers 5-2 Loss to Finland in Euro Hockey Tour
1 MIN READ

Sweden Suffers 5-2 Loss to Finland in Euro Hockey Tour

Sweden Wins Gold and Silver in European Orienteering Championship
1 MIN READ

Sweden Wins Gold and Silver in European Orienteering Championship

Sweden Prepares for Crucial European Championship Match Against UK
3 MIN READ

Sweden Prepares for Crucial European Championship Match Against UK

Sweden Faces Crucial EuroBasket Match Against UK After Germany Loss
2 MIN READ

Sweden Faces Crucial EuroBasket Match Against UK After Germany Loss