Very good news for Liverpool. I can't believe they got one of the best midfielders in the world in his best footballing years (29) for just 25M. What is story behind this deal? He wanted to leave from a team that won CL or maybe last year of contract? Don't see why Bayern would let him go that cheap.
Trofo the thing is Thiago Alcantara has only a year left in his current contract with Bayern Munich, which they are willing to extend, but if I remember correctly, Thiago already informed the club months back that he is looking for a new challenge somewhere else. Liverpool are obviously a very good team that can give Thiago the new experience he desires, with all the trophies klopp and his boys have won in the last two seasons, I think it's a very good decision.
Bayern on the other hand, had to sell based on Liverpool's price which is why the amount seems low, it is either they do not sell now, or Thiago leaves for free at the end of the season, so it's somewhat a win win for all parties, maybe slightly except for Bayern Munich, but they wouldn't mind, the boy has given them his best all the years he was at the Allianz Arena.