Date: 20th May 2007 at 1:54pm
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Bayern Munich president Franz Beckenbauer announced that Owen Hargreaves would leave the club.

United have been chasing the 26-year-old midfielder since last summer but so far Bayern refused to sell him. However, after a hugely disappointing season the Bavarians start to build a new team and they welcome the kind of money they will receive from this deal.

Hargreaves, best performer of England’s last World Cup campaign is reported to join for about £17 million.

‘Owen is leaving,’ Beckenbauer told Germany’s DSF sports television network. ‘That was the player’s wish. It’s a good match and it’s also a good deal financially.’

The Kaiser did not disclose the financial details but said that the price was in the range of the reported amount.