'One more meeting' - Bayern Munich to hold showdown talks with Dayot Upamecano as Man Utd, Liverpool and Real Madrid circle for defender on expiring contract

Bayern Munich are set for one more crucial meeting with Upamecano’s representatives to finalise terms on a new long-term deal. The 26-year-old, who has been revitalised under Vincent Kompany, remains happy at the club but has yet to agree to Bayern’s financial proposal. His camp is pushing for a salary increase closer to €15 million per year (£13m) and a signing bonus that would align his earnings with team-mate Alphonso Davies.

Upamecano’s current contract, which runs until 2026, has become a flashpoint for Bayern’s wage structure, as several top performers demand parity following recent renewals. Negotiations have been ongoing since early autumn, with sporting director Max Eberl leading efforts to secure an agreement, but progress has slowed in recent weeks. According to Fabrizio Romano, Bayern still "have the ball in their court," but failure to meet financial expectations could see Upamecano explore other options in 2025.

If no extension is agreed soon, the Frenchman will be free to negotiate a pre-contract with foreign clubs as early as January. Sky Germany’s Florian Plettenberg reports that Upamecano is unwilling to make concessions in talks, creating uncertainty within Bayern’s hierarchy. For a player who made 38 appearances last season and remains central to Kompany’s plans, losing him for free would represent a significant blow.

Under Kompany, Upamecano has rediscovered his best form, becoming an integral part of Bayern’s high-possession defensive setup. His pace, composure on the ball, and improved positioning have made him a natural fit for the Belgian coach’s philosophy. Statistically, he ranks among Der Rekordmeister’s top five in completed passes and leads the team in successful tackles per 90 minutes.

Yet despite his resurgence, uncertainty around his contract has opened the door for rivals. Liverpool are closely monitoring the situation, especially as Ibrahima Konate approaches the final year of his deal, while Real Madrid continue to explore defensive reinforcements ahead of 2026. Manchester United, meanwhile, see Upamecano as a potential long-term solution in central defence, with the player’s physical profile and European experience matching their recruitment needs.

Upamecano’s case has become symbolic of Bayern’s evolving wage dynamics, as more players seek to align their contracts with the club’s top earners. Reports suggest the French defender earns around €10 million annually - significantly below the €15 million mark enjoyed by Davies following his recent renewal. His entourage believes parity is justified given Upamecano’s importance to Kompany’s system and his standing among Europe’s best centre-backs.

The negotiations also reflect Bayern Munich’s broader push to secure stability after a turbulent 18 months marked by managerial changes and key exits. Sporting director Eberl has prioritised renewals for foundational players like Joshua Kimmich and Jamal Musiala, but Upamecano’s demands have proven the most complex. Bayern remain reluctant to exceed their internal wage ceiling, fearing that doing so could trigger a ripple effect of renewed salary demands across the squad.

Bayern Munich’s next meeting with Upamecano’s agents is expected to take place before the winter break, with both parties eager for clarity. If no agreement is reached, Bayern may be forced to consider a sale in the summer to avoid losing him for free - a scenario the club is desperate to avoid. Much will depend on whether Bayern choose to improve their offer or maintain their financial stance.