The Germany international says that he and his fellow Bayern Munich team-mates are "delighted" by the arrival of the talented 22-year-old midfielder from Barcelona
Many pundits have been left perplexed by the Bavarians' acquisition of the versatile attacking midfielder, particularly in light of the earlier signing of Mario Gotze from Borussia Dortmund.
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“He's a very, very gifted footballer, who has everything you need to become one of the greats," the Germany international told FCB.tv. “We’re delighted we've acquired a player of his quality.
“We still have to help him settle but I think it'll happen really quickly."
Meanwhile, on a personal level, Schweinsteiger was just happy to be back training after recovering from a heel injury.
“It was great to be playing with the team again and do a few of the exercises," the 28-year-old midfielder enthused. "I'm feeling very good. I need to feel more secure, but I've made a start."
Bayern paid a reported €20 (£17m) million to sign Thiago from Barcelona, though that figure could rise to €25m (£21.5m).