Renato Sanches set to leave Bayern Munich for AC Milan

Milan to continue spending spree with £41m bid for Man Utd target

Bayern Munich, Juventus and Manchester City were all believed to be favourable destinations for the Arsenal star, however, Bayern Munich will not be signing the attacker as there is no need for additions in Bavaria, according to Daily Star reports.

Renato Sanches could be on the move this summer.

Backed by Chinese investors, Milan have been busy this summer and have already signed Leonardo Bonucci, Andre Silva, Lucas Biglia, Mateo Musacchio, Ricardo Rodriguez, Hakan Calhanoglu, Andrea Conti, Franck Kessie and Fabio Borini.

Sanches was one of the most sought after young players in the world past year.

Karl-Heinz Rummenigge, the club's CEO, has been speaking about AC Milan's interest in the player, and appeared to name Bayern's price for him. Indeed, United were strongly linked with Sanches prior to Euro 2016, with Bayern's bid eventually enough to persuade Benfica to part with the midfielder.

The rossoneri want to sign Renato Sanches on a two-year loan with option to buy but Bayern Munich are not willing to sell their starlet on loan, at least for the moment.

'They reported midweek. And if you borrow a player from Bayern, that also has economic effects. At €48million (£42m) I would not be dissatisfied'. Sebastian Rudy and Lyon's Corentin Tolisso have signed for the German giants this summer, and James Rodriguez also completed a loan move from Real Madrid earlier this week.

The Bavarians considered making a move for him, but there have been suggestions that the German champions are anxious about the financial repercussions of the deal.



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