Thiago will not sign a new contract as he is leaving Bayern Munich

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The 29-year-old international from Spain has told the German giants that they will not sign a new deal and leave if a club meets the price
The President of Bayern Munich, Karl-Heinz Rummenigge, has stated that Thiago will not sign a new contract and is expected to leave the club.

In 2013, the midfielder joined the German Barcelona giants and has a year leftover on his new contract.

Thiago, 29, has recently been linked to a move to Premier League champions in Liverpool and Bayern has confirmed that his departure is inevitable following sporting director Hasan Salihamidzic ‘s unsuccessful efforts to convince him to sign an extension.

“Hasan ‘s discussions with him have always been very fruitful, and at some point, it actually seemed as though an agreement were going to be reached, but then Thiago advised Hasan that he would like to try something different again and so it is,” Rummenigge told Sky Sport in Germany.

“I don’t want to make any public comments on the amount we ‘re planning. Then we’re going to deal with it, but as I’ve already said, we ‘re not going to have a summer sale. I am not mad, I like him. I think he’s a brilliant soccer player, a fine footballer, and a strong character too. And one shouldn’t overlook either: he’s at the age of 29 because, if he decides to try anything different, he ‘s got to do something now. After all, if you’re in your thirties, it’s going to be more difficult to move.”

Rummenigge expects transfer fees to fall as clubs struggle to deal with the financial effects of the coronavirus, and believes that the major clubs will suffer more than the smaller ones.

“I think I have a very strong network with a lot of colleagues — regardless of whether it’s Real Madrid, Barcelona, a lot of English clubs, France, Italy — and I can tell very clearly: everybody is grunting, everyone is crying. I can also say one thing: the bigger clubs have larger profit cuts than the smaller ones. Of course, that’s the essence of things, because of course the revenue is just a little more uncertain for us all and we used to have higher incomes.”

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