Bayern Munich chief executive Karl-Heinz Rummenigge is "cautiously optimistic" that David Alaba will sign a contract extension with the Bundesliga champions. 

Versatile defender Alaba has less than a year remaining on his existing deal at the Allianz Arena but, according to reports, the club are unwilling to meet his demand for a €20million annual salary. 

Hansi Flick has expressed his hope that the Austria international will finish his career at Bayern, who are gearing up for a Champions League quarter-final against Barcelona in Lisbon on Friday. 

Alaba is expected to re-enter negotiations with the Bavarian giants once their European campaign is over and Rummenigge believes an agreement will be reached. 

"With Alaba, I am cautiously optimistic we will find a solution," Rummenigge told the media on Tuesday.

Bayern look set to lose Thiago Alcantara, however, with the midfielder having informed the club of his desire to leave. 

Thiago has a contract until the end of the 2020-21 season but is available for "a fair fee" amid links to Premier League champions Liverpool. 

Rummenigge said: "Thiago is known to have told us he would like to do something new. If a club approaches us that is willing to pay a fair fee, we will deal with it." 

Having already signed Leroy Sane from Manchester City in a deal that could reach €60m, Rummenigge insisted there will be no further significant outlays. 

Bayern opted against exercising their option to make Philippe Coutinho's loan from Barca permanent and any lingering hopes of remaining in Munich appear to have been dashed. 

"Coutinho - as I said, the contract is running out and we cannot and will not make any further investments of this magnitude," said Rummenigge.

Bayern Munich chairman Karl-Heinz Rummenigge confirmed Liverpool target Thiago Alcantara will leave the Bundesliga champions.

Thiago is out of contract at Bayern next year and the 29-year-old Spanish star is reportedly ready to depart Bavaria after opting against a renewal.

Jurgen Klopp is believed to be keen on bringing Thiago to Anfield, where Liverpool won their first league title since 1990 this season.

Amid growing speculation over Thiago's future, Rummenigge said the former Barcelona midfielder is ready for a new challenge.

"Actually, the conversations [sporting director] Hasan [Salihamidzic] had with him were always very productive. And at some point it actually seemed that [a deal would be reached]. But then Thiago informed Hasan that he would like to do something new again, and so it is," Rummenigge told Sky Sport Germany.

"We will have to accept that. We have a contract that is still valid for one year and if he agrees with any club and that club should pay a transfer of a certain amount.

"I don't want to make any public comment about the amount that we have in mind. Then we will deal with it, but we will not, as I have already said, hold a summer sale. 

"I'm not angry at all, I like him. I think he's a great footballer, a fine footballer and he's a good character too. And one shouldn't forget either: At 29, he is at an age where, if he wants to do something new, he has to do it now because if you are in your 30s, it will be more difficult to make transfers."

Thiago has claimed seven successive Bundesliga crowns, four DFB-Pokal titles, two DFL-Supercup honours and the Club World Cup trophy since arriving from Barca in 2013.

After helping Bayern to an eighth consecutive Bundesliga triumph, Thiago and the German giants are preparing for next month's second leg of their Champions League last-16 tie against Chelsea.

Bayern won the opening leg 3-0 in London before the Champions League was postponed in March due to the coronavirus pandemic.

Bayern Munich are optimistic they will reach an agreement over a contract extension for David Alaba and that he will ultimately stay with the club for the rest of his career, according to chairman Karl-Heinz Rummenigge.

Alaba, 28, joined Bayern's academy in 2008 and has since gone on to enjoy a glorious career with Die Roten's senior side, winning nine Bundesliga titles.

Ever since breaking into the senior side on a regular basis in 2011-12, when he made 30 league appearances, Alaba has rarely struggled to hold down a place in the side.

The recently concluded 2019-20 campaign posed an entirely different challenge, as a defensive injury crisis led to Alaba featuring as a centre-back, and he took to that role with flying colours and his new role allowed for Alphonso Davies to shine at full-back.

But the Austria international has just a year left on his contract and is reportedly admired by the likes of Manchester City, Chelsea and Barcelona.

While Thiago Alcantara appears unlikely to renew with Bayern, Rummenigge remains relaxed about reaching an agreement with Alaba, whom he compared to club icon Franz Beckenbauer.

"First of all, I have to say about David that he had a great season," Rummenigge told Sky Germany. "It was born out of necessity that he had to play at centre-back because we had several injuries, and then Hansi [Flick, Bayern coach] put him in this position.

"He did it with flying colours. We haven't had a 'chief' in defence for some time now, one who really takes the reins in hand and sets the tone there and simply acts as the head of the defensive unit – he did that.

"This has been seen especially in these coronavirus times. In these empty stadiums, his instructions showed how well he organised it in the back. Even with his style of play he is a very, very important player for us, we don't need to talk about that.

"I am nevertheless optimistic that at the end of the day we will find a solution that David will even end his career here.

"I have always said that, for me, David is actually something like Franz Beckenbauer. He is the first player to play again at this level like Franz back then.

"I think David knows what he has at Bayern, and we know what we have in David."

Karl-Heinz Rummenigge believes Schalke could have been Bundesliga champions in recent years had they not lost so many talented young players. 

After a promising first half to the 2019-20 season, Schalke endured a wretched run of results either side of the break in the campaign due to the coronavirus pandemic, failing to win any of their final 16 games to finish 12th.

There have also been issues off the pitch, with chairman Clemens Tonnies resigning following fan protests, while marketing director Alexander Jobst has confirmed there will need to be cuts due to the financial situation the club faces.

Yet their situation could have been different had they retained some of their rising stars through the years, according to reigning champions' Bayern Munich's chief executive Rummenigge.

Among those to move on were goalkeeper Manuel Neuer and Leon Goretzka, who both went to Bayern. The duo will be joined at the Allianz Arena next season by two more talents developed by Schalke, goalkeeper Alexander Nubel and Leroy Sane, the latter this week confirming his switch from Manchester City.

"Schalke could have been German champions in the meantime if they could have kept these and many other players who have trained them well in their youth division," Rummenigge told Sport1.

"The pool of their youth work is one of the best in all of Germany.

"The fact is that they have always sold very hopeful players, such as Leroy Sane to Manchester City in 2016, to meet their financial needs."

The COVID-19 health crisis is likely to have major financial implications on the vast majority of football clubs, even those seen as the biggest spenders in Europe.

Rummenigge revealed Bayern have never planned their budget around potential success, instead setting a relatively low bar each season to make sure they have long-term security.

"Until February, this was one of the safest [clubs] in the world," he said.

"If the team performed by reaching at least the last 16 in the Champions League and going very far in the DFB-Pokal, then they knew we always on June 30 that the year will be financially okay."

The former West Germany international feels the economic climate will naturally lead to changes in the transfer market, adding: "I think we all agree that we have to deal with transfer sums and player salaries a bit more responsibly and rationally. How we do that in the future – all over Europe – you will have to discuss."

Thiago Alcantara wants a new challenge away from Bayern Munich while Kai Havertz is unlikely to be joining the Bundesliga champions this year, Karl-Heinz Rummenigge has revealed. 

Midfielder Thiago is under contract at the Allianz Arena until the end of next season yet has made clear to the club he is ready to move on at this stage of his career. 

The Spain international, who joined Bayern from Barcelona in July 2013, has been linked with newly crowned Premier League winners Liverpool. 

In an interview with BILD, chief executive Rummenigge made clear the Reds have yet to make contact over the 29-year-old, though his departure during the next window could still be possible.

"A top guy on and off the pitch," Rummenigge said of Thiago.

"We negotiated with him in a serious manner and granted him all his wishes. But it looks like he wants to do something new at the end of his career. 

"We've never had any contact with Liverpool. If he wants to do this, we have to deal with it.

"We don't want to lose a player for free next year. I say that very clearly."

While Thiago could be leaving, Bayern have bolstered their squad by signing Tanguy Kouassi and Leroy Sane, the latter arriving from Manchester City after a year-long transfer saga. 

However, a deal for Havertz is not expected to happen due to financial reasons, with clubs having to adapt accordingly following the impact of the coronavirus pandemic. 

Asked about Bayer Leverkusen playmaker Havertz, Rummenigge replied: "We also have a very big challenge ahead of us financially. Even if we like the player, we wouldn't be able to lift it financially this year." 

Karl-Heinz Rummenigge says the timing has never been right for Bayern Munich to make a move for Jurgen Klopp.

Klopp last week celebrated masterminding Liverpool's first Premier League title triumph, having won the Club World Cup in December and the Champions League last season.

Bayern chief executive Rummenigge has spoken of his admiration for the charismatic 53-year-old, who the Bundesliga champions did battle with many times during his tenure as Borussia Dortmund boss.

He told Sport Bild: "I bow and say: Congratulations to Liverpool!

"Jurgen Klopp is a great coach and a very respectful person, he does not put himself above of others or talk about what a great guy he is. He is, but he does not emphasise it."

Rummenigge suggested Klopp may well have been in charge of Bayern if he was not under contract when the Bavarian giants have been in the market for a new head coach.

He added: "Whenever we've been looking for a coach, Jurgen was always under contract.

"But let's not forget that we have been blessed with other top coaches in recent years: Jupp Heynckes, Pep Guardiola, Louis van Gaal and now also Hansi Flick.

"When you're looking for a coach, the timing must be right."

Klopp is contracted to Liverpool until 2024, while Bayern head coach Flick signed a deal until 2023 after a hugely successful interim spell in charge. 

Bayern Munich chairman Karl-Heinz Rummenigge insists football must "become more rational" due to the financial impact of coronavirus.

After an enforced two-month break due to the COVID-19 pandemic, the Bundesliga returned in May, with Europe's other top-five major leagues – with the exception of Ligue 1, which opted to cancel the remainder of its season – resuming in June.

Bayern have recorded eight straight league victories since the campaign restarted and wrapped up their eighth successive Bundesliga title last title last week, with Hansi Flick's side taking on Wolfsburg in their last match of the top-flight season on Saturday before they face Bayer Leverkusen in the DFB-Pokal final.

Rummenigge believes the Bundesliga provided the perfect example of how to restart football safely behind closed doors, though he is expecting the European game – especially in relation to big-money transfers – to change drastically.

"Football has to try to become a bit more rational in order to be more stable for future crises," Rummenigge, who had previously revealed Bayern would be cautious with their transfer policy over coming seasons, told Handelsblatt.

"In the past 10 years, with this ever-higher-ever-further-ever-faster sums for player transfers and player salaries, football has shot a long way past the goal. 

"This can no longer be called rational. That filled every summer break. We have to find better solutions in Europe."

Rummenigge is not convinced, however, that the introduction of a salary cap would be a feasible option, instead preferring more stringent Financial Fair Play (FFP) regulations.

"The legal requirements probably do not allow this [a salary cap]," he said.

"No, we need more rationality, and we have to develop FFP in Europe more rigorously with clear, key figures. Originally, it was always about not spending more money than is earned."

Rummenigge also added it was crucial to get football back up and running once the worst of the crisis was over.

"Football had no special position, but the Bundesliga was very disciplined," he said.

"There were some politicians who barely missed a chance to criticise the Bundesliga. It would be nice and decent if you could hear a turn now.

"Because as you can see, everything went well. Millions of fans in Germany are happy weekend after weekend that football can at least be seen on TV again. There were no problems. Many international leagues have followed the German example."

Bayern Munich chairman Karl-Heinz Rummenigge said the Bundesliga champions are adopting a careful approach in the transfer market following the coronavirus pandemic.

The 2019-20 Bundesliga season resumed last month after the campaign was suspended in March due to the COVID-19 crisis.

While football has returned in Germany, albeit behind closed doors, the coronavirus outbreak is set to impact clubs financially.

Bayern have been heavily linked to Manchester City star Leroy Sane as well as Bayer Leverkusen's Kai Havertz but Rummenigge tried to curb expectations midweek.

"We have to wait and see how this curious transfer market after coronavirus develops," Rummenigge told ARD prior to Bayern's 2-1 DFB-Pokal semi-final victory over Eintracht Frankfurt on Wednesday.

"We all do well to do our job and also take into account that the next season may be more financially challenging than the current one.

"The longer we have to play without a spectator, the more difficult it will be financially."

"We work on the transfer market - like all our colleagues in Germany and Europe," added Rummenigge, who did not want to discuss Sane.

Defending champions Bayern will contest their third consecutive DFB-Pokal final against Leverkusen in Berlin on July 4.

Bayern are seven points clear atop the Bundesliga table with four matches remaining this season.

The titleholders will welcome fourth-placed Borussia Monchengladbach to the Allianz Arena on Saturday.

Bayern Munich chairman Karl-Heinz Rummenigge revealed the Bundesliga champions have not activated their purchase option for Philippe Coutinho and the clause has now expired.

Coutinho joined Bayern on a season-long loan deal from LaLiga holders Barcelona at the start of the 2019-20 campaign but he has struggled to establish himself in Munich.

The Brazil international arrived with the option to buy for €120million but Bayern have opted not to exercise the deal, though Rummenigge did not close the door on Coutinho.

"The option expired and we haven't activated it," Rummenigge told German magazine Der Spiegel.

"We're going to plan our squad for next season and we'll see if he still has a role to play with us or not."

Coutinho has failed to live up to the hype since swapping Liverpool for Barca in a blockbuster transfer in 2018.

The 27-year-old has scored eight goals and set up another six goals in 22 Bundesliga matches for Bayern this season, which has been disrupted by coronavirus.

As Bayern reportedly eye Bayer Leverkusen star Kai Havertz and Manchester City's Leroy Sane, Coutinho does not appear to be at the top of the club's list.

Manuel Neuer denied Karl-Heinz Rummenigge's suggestion that he is close to signing a contract extension at Bayern Munich.

Germany international Neuer is contracted to Bayern until the end of next season and negotiations over a renewal have become tense.

The 34-year-old goalkeeper last month denied reports he was demanding a five-year deal worth €20million annually and expressed his disappointment that details from the talks had been leaked in the media.

Bayern have a deal in place to sign Alexander Nubel from Schalke at the end of the season but Rummenigge remains confident fresh terms with Neuer will be agreed.

"I'm cautiously optimistic that Manuel will soon accept FC Bayern's offer," Rummenigge told Sky ahead of Bayern's 2-0 win over Union Berlin on Sunday, their first game since the Bundesliga was suspended amid the coronavirus pandemic in March.

"Manuel Neuer knows what he has at FC Bayern and FC Bayern knows what it has in Manuel Neuer. Therefore, it is a marriage that will continue in the future."

However, Neuer painted a different picture after the match.

He insisted confirmation of the extension was not imminent but still believes an agreement can be reached.

"I think Karl-Heinz Rummenigge knows what's going on. There is nothing to announce at the moment," said Neuer.

"There is no ultimatum. It is not necessary to make such a decision at the moment.

"We are both optimistic, of course, but it is still not clear at all."

Bayern Munich chairman Karl-Heinz Rummenigge is thankful the Bundesliga can be decided on the pitch after the German government gave the go-ahead for the season to resume in the second half of May.

The Bundesliga has been suspended since March because of the spread of the coronavirus.

However, it was decided on Wednesday that the campaign can get going again this month, providing a strict hygiene plan is followed.

An official return date will be determined by the German Football League (DFL).

Bayern lead the Bundesliga by four points with nine games remaining, and Rummenigge is pleased the outcome will be settled by teams completing those remaining fixtures.

He told Bayern's official website: "I would like to thank the politicians for today's decision, which enables the Bundesliga season to be played to a finish.

"We are now looking forward to resuming play, ideally from mid-May. This ensures that the sporting decisions are made on the pitch and not in the boardroom.

"I would like to expressly thank the DFL and the Medicine Task Force for the excellent organisational and medical plans.

"I appeal to everyone involved to follow the guidelines in these plans, which are the basis for resuming play, in an exemplary and disciplined manner."

Bayern Munich CEO Karl-Heinz Rummenigge is optimistic Manuel Neuer will extend his contract with the club.

The 34-year-old's deal expires at the end of 2020-21 and there has been no breakthrough in talks over fresh terms.

There were reports Neuer was demanding a five-year deal worth €20million annually, but he rubbished those suggestions in an interview with Bild am Sonntag.

Neuer also made it clear he is unhappy with the way certain details around the discussions were being leaked to the media.

Rummenigge, though, is confident both parties will find a way to keep the Germany goalkeeper at the Allianz Arena.

"We both know what we have in each other," he told Bild on Monday. "And under these circumstances, I am optimistic that we will find a solution in the end and that Manuel Neuer will sign a new contract.

"We have the world's best goalkeeper and we have already won everything with him."

When asked about Neuer's anger at the leaks of his contract talks, Rummenigge replied: "His interview was only yesterday, so we could not react to it yet."

Neuer's future has been further complicated by the fact Bayern will sign Alexander Nubel from Schalke on a free transfer on July 1.

The 23-year-old's arrival has also cast doubt on the prospects of Sven Ulreich staying at the club, but Neuer's present understudy plans to fight for his place.

His agent, Jurgen Schwab, told Kicker: "Bayern are a meritocracy, where sporting decisions are made.

"Let's see who ends up behind Manuel Neuer on the bench."

Bayern Munich chief executive Karl-Heinz Rummenigge believes it is imperative the Bundesliga resumes when possible for financial and sporting reasons.

Like most competitions around the world, the Bundesliga has been suspended in an effort to limit the impact of coronavirus.

However, it would appear Germany's top flight is closer to returning than other leagues as most teams have already resumed training in small groups, with games set to take place behind closed doors in early May.

There have been fears that some leagues may have to be scrapped entirely if they cannot be concluded in the coming weeks, yet Rummenigge is vehemently against that notion.

"We know that it is necessary to start again for two reasons," he told Corriere dello Sport. 

"The first is the sports one. You have to assign the title, know which team will participate in the cups, who will be demoted. 

"The second, no less important, is economic. Here the televisions that broadcast the games have a strong impact on revenues."

To help lessen the financial impact, Bayern and Germany's three other Champions League representatives in 2019-20 - Borussia Dortmund, RB Leipzig and Bayer Leverkusen - have all pledged €20million to Bundesliga and 2.Bundesliga clubs.

Rummenigge warned such collaborations will be necessary across the game after a decade of big spending.

"For 10 years, football has lived beyond its means and the clubs have taken all the risks," he added.

"In such a difficult moment, balance sheets do not count as much as cash.

"The crisis is global, the solution must be shared. The field can limit the damage. FIFA and UEFA must improve their relations and act economically."

Thomas Muller has signed a new contract with Bayern Munich that ties him to the club until 2023.

The 30-year-old, a one-club man who made his Bayern debut in 2008, follows head coach Hansi Flick in committing to the Bundesliga champions for the next three years. 

Bayern Munich's contract negotiations with a quartet of key players will not be affected by the coronavirus pandemic, insists CEO Karl-Heinz Rummenigge.

Manuel Neuer, Thomas Muller, David Alaba and Thiago Alcantara are all out of contract in 2021 and are mulling over the offer of fresh terms from the Bundesliga champions, who extended Hansi Flick's stay as head coach on Friday.

Rummenigge reassured Bayern fans that any economic impact from the spread of COVID-19 would not play a part in how those talks played out.

"Our offers are extremely fair and serious - without a 'corona discount'," he told Bild

"I think that not many clubs around the world handle [it like] this in this crisis."

Flick signed on for three years after impressing in interim charge at the Allianz Arena.

He took over from Niko Kovac in November before being appointed head coach on a full-time basis until the end of the season.

Having appeared in danger of failing to mount a title challenge under Kovac, Flick has since restored the winning habit, returning Bayern to the top of the Bundesliga.

However, he is likely to face a rebuilding job during his tenure as the nucleus of a squad who have inspired a decade of dominance are reaching the end of their contracts.

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