The Columbian has impressed at the Bavarians this season, and the Club’s director have already decided that they will pay the purchase option of 42 million euros which was included in the Colombian's two-year loan deal.
Los Blancos sent James on loan to Bayern Munich so he can get enough playing time, for which Bavarians were already, committed to paying 13m euros.
Now they'll make the transfer permanent, meaning Real Madrid will have earned over 50m euros from the whole operation.
Bayern's decision is final and Real Madrid are already aware of their intention to pay the purchase option, even though the Bundesliga leaders could have waited another year before making this decision.
The player has also given the green light to the permanent move. James has started to study German and he feels comfortable at the Allianz Arena, where he has scored five times and come up with 11 assists so far this season.
After having a shaky start of life in Germany, James have thrived under the new leadership of Jupp Heynckes and the Club’s board want the relationship of the club and Rodriguez to continue.

                                          View most accurate soccer predictions...