Reports in the German media strongly suggest that an agreement between the two clubs have been reached, with Bayern to pay Schalke €18 million as transfer fee for Neuer, whose contract with the Royal Blues ends at the end of next season.
However, a report on Bild on Monday stated that Schalke could try to persuade the 25-year-old to remain with them as chairman Clemens Tonnies has offered Neuer a four-year deal.
Nonetheless, Bayern’s chairman Karl-Heinz Rummenigge believes that they will have Neuer in their team for next season and told Bild: "I am convinced Schalke will keep to the agreement we made with a handshake.
“I know the representatives of Schalke as men of honour and reputable operators, as we are too."
Neuer rejected a contract extension from Schalke earlier this season but recently said that he is in the dark over his future.