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Bayern confirm dropping out of race to sign Havertz

Kai Havertz, Bayer Leverkusen
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Bayern Munich lack the financial power to be in a position to pursue Kai Havertz this summer, notifies Karl-Heinz Rummenigge.

A stunning breakthrough with Bayer Leverkusen this season has seen Kai Havertz emerge as one of Europe’s most sought-after players.

One of Bundesliga’s best performers, Havertz was arguably the most fundamental reason behind his side qualifying for European football for the 2020/21 season.

Chelsea, among other Premier League clubs, and Bayern Munich are rumored to be interested in securing the attacking midfielder’s services.

However, Bayern recently shelled out around €50 million to complete the signing of Leroy Sane from Manchester City.

Add that to the financial crisis brought by the outbreak of COVID-19, and it means they no longer have the funds to sign the 21-year old Germany international.

Club CEO Karl-Heinz Rummenigge told Bild: “I’ll be very clear. Financially speaking, we won’t be able to transfer Havertz this year.

“All of European football, Bayern included, are currently facing major financial challenges for as long as it is not possible to play in front of spectators again.

“It’s a decision that Bayer Leverkusen and the player have to make [whether he leaves]. To be honest, I would also like for Havertz to stay in Leverkusen for at least another year, because we want to have competition.”