Bayern confirmed the signing of 17-year-old Alphonso Davies from Major League Soccer's Vancouver Whitecaps in an MLS record deal.
The six-time defending Bundesliga champions will pay €11.5m (R185m) breaking the MLS outgoing record that has stood since Jozy Altidore joined Villarreal 10 years ago.
The Canada international, who is of Ghanaian descent has often drawn comparisons to Freddy Adu and will join up with the Bavarian giants in January after his 18th birthday.
Ghan forward Andre Ayew will join Fenerbahce on a season-long loan, ending his four-year stay in the Premier League.
The Turkish side have an option to sign the 28-year-old on a permanent deal after the loan.
The 2014 World Cup winner with Germany has made a shock return to the Premier League, four years since departing Chelsea.
Newly promoted Fulham have pulled off another major coup after the arrival of Jean Michel Seri, with the 27-year-old completing a two-year loan deal from Bundesliga giants Borussia Dortmund.