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German champions are reported to have ruled out the possibility of selling their prized asset to the Bavarians, and will only listen to other offers in 2012

Amid widespread rumours speculating the future of Mario Gotze, Borussia Dortmund have reportedly decided not to consider selling the 19-year-old to domestic rivals Bayern Munich.

According to Sport Bild, Gotze and Dortmund have agreed that the player will remain in the Ruhr area until the summer of 2012 at the very earliest. After then, the Bundesliga title holders will consider transfer offers from abroad, should they be received.

The report clarified that should Bayern make a bid for Gotze, it will be categorically turned down regardless of its amount.

Even next summer, Dortmund are only expected to consider offloading Gotze in the event that a mega-offer comes from in for the player. On Tuesday, BVB sporting director Hans-Joachim Watzke confirmed that the champions have no interest in selling the Germany international, whose current contract is set to expire in 2014.

If Dortmund have pledged to turn down any offer from Bayern, it would not be the first time the Bavarians have had such a policy placed on a target. Earlier this summer, Bayer Leverkusen refused to sell Arturo Vidal to the Allianz Arena side, and later accepted a cut-price offer from Juventus.

Though a move to Bayern appears to be off the table, Gotze has no shortage of suitors. Manchester United in particular have been linked with him in the past, while Barcelona and Real Madrid have been reportedly interested.

The young playmaker has started the new season in superb form, performing a starring role in Dortmund's convincing victory over Hamburg, then producing a sublime display to help Germany defeat Brazil 3-2.