Newcastle, on the other hand, have agreed to pay a club record £69m to sign the 23-year-old centre-forward.

This is not the first time Bayern have been disappointed in their transfer efforts, as they also missed out on Florian Wirtz when he chose to join Liverpool from Bayer Leverkusen last season.

Freund believes that Bayern Munich is a very attractive club that can offer players interesting options both domestically and internationally. However, he acknowledges that the Premier League is in a different financial league, which can be a major draw for players.

Ultimately, Freund says it's the player's decision to choose what's best for their career, and that the sums of money involved in the Premier League can be a significant factor in their decision-making process.