Uli Hoeness has confirmed that Bayern Munich have pulled out of the race to sign Bayer Leverkusen star Kai Havertz.
Havertz has emerged as one of the brightest talents in European football since breaking into the Leverkusen first team in 2016, scoring 45 goals in 148 appearances for the club in all competitions.
Seventeen of those efforts have come during the 2019-20 campaign, and he has also contributed nine assists to help Peter Bosz’s side finish fifth in the Bundesliga while making it through to the latter stages of the Europa League.
Bayern had also been mooted as a possible next destination for the Germany international earlier this year, with club legend Lothar Matthaus among those to endorse the potential move for a “mega-talent”.
However, the Bundesliga champions have already forked out an initial fee of €49 million (£44m/$57m) to bring Leroy Sane to Allianz Arena from Manchester City, and Hoeness does not envisage any more big-money deals being completed in the current financial climate.
“I am sure that after Leroy Sane there will be no major transfers this year,” Bayern’s honorary president told German newspaper FAZ.
“That has nothing to do with the quality of Havertz. We all think he is a very, very good player.
“But in the Corona period after a transfer of almost 50 million, one of 70, 80 million or more I can’t imagine making unless we secure counter-financing through player sales.”
Source: News update