Bayern's Douglas Costa reacts during the Bundesliga match against Hertha BSC. Photo: EPA/FELIPE TRUEBA

MUNICH, Germany - Bayern Munich are close to a deal with Juventus on a transfer of Brazilian winger Douglas Costa to the Italian champions.

Bayern chairman Karl-Heinz Rummenigge said Monday the Bundesliga champions were in "concrete talks" with Juventus but a deal has yet to be finalised.

Italian media reports said 26-year-old Costa could move on a loan deal with a later purchase option.

Costa has told Bayern he would like to move, and the talks with Juve have been "positive," Rummenigge said.

"There is a sum and when this sum has been reached we are ready to close (the deal)," he said.

Costa arrived at Bayern from Shakhtar Donetsk ahead of the 2015-16 season for a reported 30 million euros (34 million dollars).

According to German media reports, Bayern are asking 40 million euros for the Brazil international.

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