The Bavarian powerhouse said Saturday it had agreed to sign goalkeeper Alexander Nübel on a free transfer from Schalke on July 1.

Axar.az reports citing Foxsport that in a short statement, the club said: “Bayern and Nübel agreed this transfer in the past days. The 23-year-old goalkeeper’s contract with Schalke runs until June 30. Nübel arrives in Munich without a transfer fee and for five years.”

Bayern sporting director Hasan Salihamidzic had earlier refused to comment on the impending transfer of a player who is widely considered one of the best young goalkeepers in Germany.

Schalke had long been attempting to get Nübel to extend his contract and had even made the former Germany under-21 goalkeeper its team captain. He turned down the club’s offer to extend his contract in December.