Germany

Bayern Munich to spend like never before

The German club's president Uli Hoeness reacted to the club's disastrous exit at the hands of Liverpool in the Champions League with a plan to hit the transfer market big time.

Uli Hoeness, presidente del Bayer, durante la asamblea anual del club celebrada en noviembre de 2018.
CHRISTOF STACHE AFP

It was expected, but the early exit of Bayern Munich from the Champions League has seen it announced with more force than might have been anticipated: Bayern will completely renew their squad for next season. The president of the Bavarian club, 67 year-old Uli Hoeness, pulled no punches in his comments at a meeting in Munich on Tuesday. "We're in the process of rejuvenating the team. This will be the biggest ever investment plan Bayern have ever had", said the club boss, as reported by German daily Bild.

Bayern Munich's huge transfer budget

In Germany speculation has been rife over exactly how big the German club's warchest could be. With the transfer market still months away from opening, Bayern Munich have already agreed a 35 million euro deal with Stuttgart for World Cup winner Benjamin Pavard. The first offensive in what could hit over 250 million euros of spending this summer.

Among the targets for Bayern: Atleti's Lucas (said to already be tied up by some sources), Timo Werner (23-year-old striker with RB Leipzig) and Kai Havertz (19-year-old attacking midfielder with Leverkusen).

The most expensive signing ever by Bayern Munich remains Corentin Tolisso from Lyon, with the German club paying 41.5 million euros in the summer of 2017 for the attacking midfielder.