Bayern Munich President Reveals Why Declan Rices’ Deal Failed

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    Bayern Munich President Herbert Hainer has revealed why the German heavyweights failed to sign Declan Rice in the summer.

    Bayern Munich President Reveals Why Declan Rices' Deal Failed

    The insight on why Bundesliga Champions Bayern Munich failed to sign the now Arsenal player, was revealed on Friday, 29th September.

    In the last summer transfer window, the German team was in the transfer market as they focused on deep-lying midfield reinforcements ahead of the new season.

    The search took center stage in the headlines at the Allianz Arena as the record-breaking German side prepared for the new season.

    This followed also after Thomas Tuchel made it clear that he wanted fresh legs in the midfield of the German giants.

    Transfer guru Fabrizio Romano also shared these insights on why Bayern Munich could not land Declan Rice from West Ham last summer.

    Bayern Munich President Herbert Hainer speaking on the collapsed deal said: “With the Declan Rice deal, given our financial possibilities we had to set other priorities”.

    “What remains is the club. That’s why you have to make decisions in the interests of the club”.

    Recall we reported that Arsenal completed the signing of the Bayern target from West Ham for a fee of £105 million in July 2023.

    Rice, 24, signed a long-term deal with the Gunners and will reportedly earn in excess of £240,000 per week at the North London side.

    Bayern Munich also had their radar on several other players, most particularly Fulham standout Joao Palhinha, who even underwent medicals.

    Bayern Munich failed to complete the signing despite the player passing medicals and also taking pictures for presentation.

    Rice was another front-running target, at one point but ended up singing for Arsenal then.

    The England international moved to North London in the summer despite Bayern identifying him as a target earlier in the window.

    Why Bayern Munich Chose To Sign Kane Instead Of Declan Rice

    In the media chat on Friday, Herbert Hainer revealed what actually happened in the Bavarians’ chase of the 24-year-old.

    The President noted that financial constraints proved the deciding factor, as Bayern Munich chose to sign another Englishman, Harry Kane.

    Recall we reported that Bayern Munich signed Harry Kane for €100 million in the summer on a four-year deal and took on the No.9 shirt.

    That was a little less than the amount West Ham United were asking for their most-priced player, however, Bayern decided to go for Kane.

    President Herbert Hainer also debunked rumors making the rounds that the Bavarian Club paid 100 million pounds for England Captain, Harry Kane.

    Hainer cleared the air by stating that Harry Kane only cost Bayern Munich one hundred million Euros, not pounds.

    The Bayern Munich chief becomes the first person directly involved with the transfer to comment on the fee confirming what we basically knew all along.

    Speaking on the Harry Kane transfer fee, he said: “Harry Kane didn’t cost more than 100 million – unless we win this, this and that in the next few seasons. Excluding bonuses, we’re under 100 million”

    He was quizzed to confirm if the fee was under 100 million euros or 100 million pounds, he added: “euros.”

    “We knew we needed a new #9. But there are only a few strikers in this category who, on the one hand, suit us and, on the other hand, make us better.”

    “And because there are only a few, they come at a price. With Harry Kane we finally have a goal guarantee again – he stands where a striker has to stand and he also assists a lot of goals.”

    Normally, Bayern Munich would be mute about things like this with Hainer not being a man to drop bombshells in the media.

    Note that Spurs president Daniel Levy publicly revealed that Tottenham Hotspur have a first option to sign Kane if he chooses to return to the Premier League.

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