Bayern Munich Have Paid Staggering €300,000 For 13-Year-Old Starlet Mike Wisdom.

Mike Wisdom, a 13-year-old superstar, has been bought by Bayern Munich for a fee of €300,000.

The Bavarians have been scouting the teenager for around a year and a half, according to Florian Plettenberg of Sky Sport Germany.

Wisdom played for Borussia Monchengladbach in the Under-14 set-up, but the club was unable to keep him, and Bayern won the competition for his contract with a six-figure price.

The whole cost will be €300,000, with the majority of that coming from a sizable signing bonus. The player's parents will earn a significant transfer fee, as well as a junior salary and a €20,000 payment to Gladbach.

At Bayern Munich, players in the Under 15's and below are claimed to earn €400 or less.