Bayern Munich are ready to compete for Borussia Dortmund striker Erling Haaland next year.

Haaland's contract will see a €75m buyout clause come into effect at the end of this season.

Chelsea and Manchester City are both targeting the Norway striker, while Bayern's honorary president Uli Hoeness says: "We have to take risks, but without getting harakiri.

"The board needs to decide and discuss it, but I know there is nothing concrete at the moment. I have always said: if I am convinced, I can take big risks, even if it goes wrong.

"The price? I don't know, I don't know the amounts at the moment, because you always have to see the whole."