Bayern Munich will have to pay a fee of £137m to land Manchester City star Leroy Sane.
The German giants have made the 23-year-old their number one transfer target this summer, with the club desperate to strengthen their wide options following the departures of veteran duo Franck Ribery and Arjen Robben.
Bayern have made their interest in signing the Germany international public, and City wrote to the Bundesliga champions to voice their discontent at what they believe to be an attempt to unsettle Sane by the Munich side.
Bayern chief Hasan Salihamidzic has since issued the Premier League champions an apology, though the club are still expected to launch a formal bid for Sane in the coming days.
According to the Telegraph, that bid is likely to fall significantly short of City’s valuation of the player, with Pep Guardiola’s side valuing Sane at around £137m.
Reports in Germany suggest Bayern’s opening offer will be around £73m, a figure which is unlikely to tempt City into a sale. City remain hopeful that Sane, whose contract expires in 2021, will commit his future to the club and he is yet to give any indication he wants to leave the Etihad.
Having won the PFA Young Player of the Year award in 2017/18, Sane enjoyed a somewhat frustrating year on a personal level last term, starting just 21 league fixtures as City secured back-to-back league titles.