Manchester City are planning to hold talks with the representatives of winger Leroy Sane in the coming days in the hope of securing him to a new contract, Sky Sports News understands.
The Germany international has two years remaining on his current deal at the Etihad Stadium and has recently attracted interest from Bayern Munich.
City remain hopeful of convincing Sane to sign an extension and will attempt to reach an agreement during the talks.
Bayern are looking for replacements for Arjen Robben and Franck Ribery, both of whom are leaving the club after Saturday's German Cup final against RB Leipzig.
When asked if Bayern were interested in signing Sane, the Bundesliga club's president Uli Hoeness said: "Yes, we are dealing with that name at the moment."
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The 23-year-old joined City from Schalke for £37m in 2016 and has helped Pep Guardiola's side win back-to-back Premier League titles over the past two seasons.
Sane scored 16 goals in 47 matches during the 2018/19 campaign as City became the first English club to complete the domestic treble after winning the League Cup and FA Cup as well as the Premier League.
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