Min-jae Kim chose Bayern, other clubs interested in his arrival have been informed
[…] Full agreement almost reached with the agent. Salary ~€10M net / year. Huge agent's commission. Man U & Newcastle will go to other defensive options
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I would take the salary figure with a grain of salt, some sources reported €10M a year and others €20M.
Gross vs net salary?
Yes I think that must be it, or the one source citing 20M was way off. It definitely looks like he’ll be on 10M a year.