Leroy Sane makes transfer decision as Arsenal and Liverpool look to snap up Germany star in free transfer

Sane's contract is set to run out this summer at Bayern, and reports have suggested that the German is nearing an exit as a free agent after the end of this campaign. As such, Premier League giants Liverpool and Arsenal had shown interest in signing the former Manchester City winger.

As per Sky Germany, Sane has been offered a new contract by Bayern until the summer of 2028; however, the extension would see him take up a significant wage drop. The German international currently earns €20 million (£17.2m/$22.3m) with the Bavarian, and he would see his salary drop to €10m (£9m/$11m) and around €15m (£13m/$17m) if he meets his performance criteria.

The report has also suggested that Sane is willing to stay at Bayern past this summer despite the wage, and that he is not open to a move back to the Premier League this summer.

Bayern are slowly trudging to the Bundesliga title this season and also have a chance to win the Champions League. Sane will be hoping that he can his extension with a strong showing at the end of the season.