That meant Bayern were forced to listen to offers for him, with Liverpool at the front of the queue.
The Bundesliga champions reportedly want €35m for the midfielder, but Liverpool aren’t willing to pay that.
However, if Bayern won’t budge from their valuation, it remains possible that the Reds will pay in installments.
Bayern boss Hans Flick remains adamant that Thiago will remain at the club next season, however, and refuses to consider the possibility that he will leave.

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