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Bayern Munich is reportedly ready to up their contract offer to left-back Alphonso Davies in a bid to prevent him from joining Real Madrid.

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Approaching the final 12 months of his contract with Bayern, Davies has been locked in a standoff with the German club. Despite Bayern’s offer of fresh terms, the Canada international’s demands have not been met.

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With Real Madrid recently rekindling their interest in Davies, BILD claims that Bayern is now prepared to offer the left-back a higher salary to persuade him to extend his contract. However, their latest offer of €13 million annually still falls short of Davies’ reported asking price of €20 million per year.

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New Bayern manager Vincent Kompany is pushing club officials to reach an agreement with Davies, but negotiations have yet to yield results.

Sky Sports Germany corroborates reports of Bayern’s efforts to secure Davies’ signature and suggests a potential replacement in AC Milan’s Theo Hernandez should negotiations fail. Reports linking Arsenal’s Oleksandr Zinchenko to Bayern are deemed inaccurate at present.

Should Davies decline Bayern’s latest proposal, the club may look to sell the 23-year-old, although Madrid is hesitant to pay a high transfer fee for a player whose contract is expiring soon. Despite just securing Kylian Mbappe on a free transfer, Madrid is unlikely to make further significant investments without generating revenue first.