Period of uncertainty
The move ends a short period of uncertainty over the player's future. Bayern had announced Makaay's signing early this week but a disagreement between the two clubs over the transfer fee ensued. "The contracts have been signed and the money has been transferred," Bayern spokesman Markus Hörwick said on Friday.
Bayern had originally understood they had to pay Deportivo €17.75m but the Spanish club then told them an extra €930,000 should be paid to SBV Vitesse and NEC Nijmegen for nurturing Makaay's early career.
The matter was settled on Friday with Bayern saying they had agreed to pay a total €18.75m, making Makaay the second most expensive Bundesliga signing after Brazilian striker Marcio Amoroso, who cost Borussia Dortmund €25.6m two years ago.
Makaay is unavailable for Bayern's Bundesliga visit to Hanover 96 on Saturday but should make his league debut in a home game against VfL Bochum 1848 the following weekend. The 28-year-old, who has won 23 caps for the Netherlands scoring two goals, trained with Bayern for the first time on Thursday, but the deal had still not been finalised.
Makaay arrived in Spain from Vitesse in 1997 and after two promising seasons at CD Tenerife moved to Deportivo in 1999. He scored 22 goals to help the Galicians to their first league title in 2000 and 16 more the following year. Last season's tally of 29 goals equalled the club record set by Brazilian striker Bebeto in 1992/93.
©Reuters 1998-2010. All rights reserved.