Bayern Munich won't be bullied by English clubs - Karl-Heinz Rummenigge

Bayern Munich CEO Karl-Heinz Rummenigge has said the club will not be bullied by the financial muscle of English clubs into paying a €100 million transfer fee, amid speculation they are interested in signing Arsenal's Alexis Sanchez.

Rummenigge's comments come as Bild reported that Bayern will refuse to match the €20m annual salary that Arsenal have offered the forward to renew his contract.

It was reported earlier this week that Bayern have identified Sanchez as their top summer target, with the club asking Chile teammate Arturo Vidal to vouch for his international colleague's quality.

Sanchez, 28, has one year left on his current Arsenal contract and has not yet agreed an extension to remain at the Emirates.

In addition, according to reports in Chile, Sanchez's agent Fernando Felicevich visited Munich to celebrate Vidal's 30th birthday on Monday and for initial discussions about his client joining the German champions for a reported €58m fee and €13m annual salary.

Discussing the prospect of the Premier League's wealth leading Bayern to pay €100m for a player, Rummenigge told Suddeutsche Zeitung: "You don't have to get involved into every bit of nonsense the English start. It's not like they only drive on the wrong side of the road."

Bayern have already added Hoffenheim duo Niklas Sule and Sebastian Rudy to their squad ahead of next season and Rummenigge confirmed they will make more signings.

"Of course we are not finished yet," Rummenigge said. "We have a clearly defined plan of action. At our level, quality is the top priority."

Rummenigge added that he regrets Philipp Lahm not taking up a sporting director role with Bayern after his retirement but said: "We will definitely keep the door open for Philipp.

"I can well imagine he'll be itching to get going again after relaxing for three or six months.

"He's an intelligent lad who knows the club in and out. He also has the necessary authority and would understand what this task involves."

According to Rummenigge, it was "never planned" to fill the role from July 1.

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