After being long admired by the German giants it appears the former Liverpool junior could finally make the switch to the Bavarian side.
Parry told talkSPORT: "As we all know with transfers nothing is definite but the negotiations are advanced. [Bayern Munich] have made a written offer to us which is not a million miles away from what we're looking for so I'd say the chances are he's going to go.
"We rejected a bid from a Premier League side in January and this time round there has been no other concrete offers from clubs in this country.
"I spoke to him today and I asked him how much is his heart set on going and he said he wants to go, it's a massive club and he really fancies the challenge.
"If he's going with that attitude he stands half a chance [of being a success] doesn't he."