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Bayern Munich chief Uli Hoeness has shed light on the club's failed bid to sign Florian Wirtz this summer.
The German international was snapped up by Liverpool from Bayer Leverkusen.
Wirtz, who has struggled since joining the Reds, was the subject of intense transfer speculation for several months before he finally put pen to paper with Liverpool.
Bayern was keen on the 22-year-old, and Manchester City was also touted as a possible landing spot.
Over two months since the deal was sealed, Bayern chief Hoeness has given some insight into the Bundesliga team's interest in Wirtz and why a move didn't materialize.
"We are the real winners of the summer transfer window.
"We have a strong team and didn't need to strengthen it much.
"Of course, we would have liked to have Florian Wirtz, but we'd never have bought him for €150 million ($175.8 million).
Liverpool ended up agreeing a deal worth £116 million ($156.7 million) for Wirtz.
"I feel very happy and very proud," said Wirtz on joining Liverpool.
"Finally, it’s done and I was waiting for a long time – finally it’s done and I am really happy.
"I'm really excited to have a new adventure in front of me
I hope I can do my best.
"I spoke also with some players who played there, and they told me that it’s perfect for me, and every pitch is perfect, you can enjoy every game