Bayern Munich's board has approved Alphonso Davies' 120 million extension package
Briefly

Bayern Munich is facing financial challenges, prompting the supervisory board to approve Alphonso Davies' contract extension at a cost of €120 million. As several key players, including Davies, Musiala, and Kimmich, are due for pay raises, the club must drastically cut its wage bill from the current €320-340 million to below €300 million. Strategies involve offloading high-earners like Coman and Gnabry while pursuing cost-effective replacements. The plan has begun, with some players already informed of their impending departures this summer.
Bayern Munich's supervisory board has approved Alphonso Davies' extension but acknowledges the urgency to reduce a wage bill that exceeds €320 million.
The club aims to lower its wage expenditure below €300 million while planning to offload higher earners like Coman and Gnabry.
Read at Bavarian Football Works
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