Burnley wants twenty million Euro from Bayern as Kompany is on the verge of moving to Bundesliga giant

Burnley wants twenty million Euro from Bayern as Kompany is on the verge of moving to Bundesliga giant

Relegated Burnley are demanding 20 million Euro from Bayern Munich to allow manager Vincent Kompany to join the Bundesliga giant though they are to pay half of that amount.

Bayern’s search for Thomas Tuchel’s successor has seen the likes of Xabi Alonso, former head coach Julian Nagelsmann and ex-Manchester United boss Ralf Rangnick turn the role down.

The German giants had even tried to tempt Tuchel into staying after announcing his departure three months ago, but those U-turn talks failed to prompt a change of heart.

Bayern have turned to Kompany and held discussions with Burnley chairman Alan Pace over a compensation fee in the hope of wrapping up a deal in the coming days.

Kompany, who spent two seasons at Hamburg before joining Manchester City in 2008, speaks fluent German and his philosophy is said to have impressed the Bayern hierarchy.

It is, however, a gamble for both sides after their respective disappointing campaigns. Bayern failed to win the Bundesliga for the first time since 2012, while the reputation that Kompany – linked with Tottenham and Chelsea last year - had forged at Turf Moor took a hit with a 19th-placed finish.

The developments with Bayern will serve as a significant blow to Pace, who had hoped Kompany would spearhead a promotion charge from the Championship.

Burnley’s board had placed a sizeable amount of faith in the Belgian and deferred a considerable amount of power to him – particularly in the recruitment department.

But that didn’t prevent Kompany from overseeing relegation after spending more than £90million last summer.

It’s understood that the Clarets were so convinced that Kompany would remain in charge that they had been looking at sourcing a new coach to work under him next term.

Ashley Cole, currently at Birmingham City, is believed to be one name Burnley had identified for that role. Cole has impressed in his work with England’s Under 21s, integral in the Young Lions lifting last summer’s European Championship.