Bayern Munich's summer is being defined as much by what the club is keeping as by what it is building. CEO Jan-Christian Dreesen delivered the clearest possible message this week, stating that neither Michael Olise nor Luis Diaz will leave the Allianz Arena. Dreesen told reporters he received zero contact from Real Madrid over Olise, dismissing the persistent transfer speculation as fiction. On Diaz, whose name has been linked with a lucrative Saudi Arabian move after Al-Hilal reportedly earmarked up to 150 million euros for the Colombian, Dreesen was equally blunt. Both players remain central to Vincent Kompany's plans.

The squad picture is complicated by a cluster of injury concerns heading into pre-season. New signing Ismael Saibari, bought for 50 million euros from PSV, has been diagnosed with a muscle fibre tear sustained at the World Cup, though the club expects him to be available for the Supercup against Borussia Dortmund on 22 August. Jamal Musiala, still working his way back from the serious ankle and fibula injury he suffered in July 2025, is not yet in full training and will rejoin the group after the Asia tour. Lothar Matthäus has publicly urged Musiala to put the injury behind him mentally, warning that Bayern's increased competition in attacking midfield leaves no room for caution.

Off the pitch, Manuel Neuer confirmed at the Tegernsee training camp that 2026/27 will almost certainly be his final season, citing the squad's quality and his own fitness as the reasons he chose to extend rather than retire. Meanwhile, teenager Bara Ndiaye is set to join permanently from Gambinos Stars for under five million euros, adding depth to central midfield ahead of a season in which Bayern begin the Bundesliga campaign third in the pre-season standings table.