27 July,2017 09:02 AM IST | Singapore | AFP
Bayern Munich will not enter into a bidding war for star footballers, the German champions' boss Uli Hoeness said, describing skyrocketing transfer prices as madness
Bayern Munich football coach Carlo Ancelotti speaks during a pre-match press conference in Singapore on July 26, 2017, ahead of the International Champions Cup football match between Bayern Munich and Inter Milan on July 27. Bayern Munich coach Carlo Ancelotti said July 26 he would not be rushed into a decision about Renato Sanches's future and they would sit down together after the pre-season. Pic/AFP
Bayern Munich will not enter into a bidding war for star footballers, the German champions' boss Uli Hoeness said, describing skyrocketing transfer prices as "madness".
"I don't want to buy a player for 150 or 200 million euros, I don't want to join in such madness," Hoeness said.
The five-time Champions League winner is even willing to lower its ambitions. Hoeness said the club "could not set as a goal" a victory at the Champions League as long as "such madness is gripping the transfer market".
