According to Bayern insider Christian Falk, Bayern Munich is considering multiple transfer options as they prepare for the new season, and Cody Gakpo of Liverpool is among the players they have in their sights. However, Gakpo is not the top priority; Bayern’s approach has shifted from having a single main target to exploring various possibilities simultaneously under the leadership of sporting director Max Eberl.

While Bayern have held some initial talks with Gakpo’s representatives earlier in 2025, recent contacts have been limited. The club acknowledges the challenge of signing a player from Liverpool, especially since Gakpo is reportedly open to renewing his contract with Liverpool. This uncertainty means Bayern is also considering alternatives in the winger position, including Luis Diaz from Liverpool, who remains on their radar amid his own potential exit from Anfield.

Liverpool have communicated a firm valuation for Gakpo at around €100 million (£84.2 million), and they are reluctant to sell him this summer unless a compelling offer in the range of €70-80 million (£59-67 million) emerges, possibly amid a squad reshuffle under manager Arne Slot. Bayern's interest continues as they gauge the feasibility of adding the Dutch international to their squad as part of a broader transfer strategy.

Internally, Bayern is engaged in discussions about transfer priorities and financial resources, having already secured significant prize money from recent competitions to support their market activity. Despite setbacks with other targets like Florian Wirtz, Bayern remains strategically proactive, viewing players like Gakpo and Diaz as part of their “Plan C” if earlier pursuits fall through.

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Overall, while Cody Gakpo is a noted candidate for Bayern’s winger recruitment, the club is balancing this interest with ongoing evaluations of other potential signings, reflecting a more diversified and cautious transfer approach than in previous decades.