Bayern Munich have not tabled a bid for Leroy Sane yet because they are waiting for a sign of encouragement from the player.
The Bundesliga champions are interested in signing the German winger and have as they try to persuade him to swap the Etihad for the Allianz .
However, despite earlier reports in Germany the Bayern chief executive has confirmed that the club have not yet approached Manchester City with an offer.
"We have not made an offer for Leroy Sane . It is far from that," Karl-Heinz Rummenigge told Sport Bild .
"First, the player has to decide if he can imagine coming to Bayern. If that's the case, then we'll go into concrete negotiations with Manchester City.
"The player is the most important factor. Apparently, Leroy has not yet decided. [Sporting director] Hasan Salihamidzic is leading the talks there. I think the player is exciting. Both in footballing quality and in terms of the type of player he is."
Sane was out of favour on a number of occasions during the season, being dropped from a matchday squad in September and starting just two of the final ten matches.
City, though, are still hopeful that he could sign up to a new contract under Pep Guardiola and held more talks with his representatives last week in an attempt to secure a breakthrough.
Bayern have previously said they will not break their current transfer record of €80m, and president Uli Hoeness described the sums involved in signing Sane as "insane".
