Bayern Munich chief Karl-Heinz Rummenigge insists they can still compete with fellow giants in the transfer market.

However, he is now coy over the prospect of signing Manchester City attacker Leroy Sane.

"The financial situation of Bayern Munich is absolutely good, so I do not worry about the competitiveness in the transfer market," Rummenigge told SID.

On Sane, he added: "We want to be less pro-active in transfer matters in public.

"Therefore, I do not submit any water level reports."