Over the past twelve months, the transfer saga involving the Canadian left-back has ebbed back and forth between Real Madrid and Bayern. Initially, it was believed that the Spanish champions had agreed personal terms with Davies, as a move to Madrid became more and more likely.
However, it has since become clear that, as it stands, neither Bayern nor Real are willing to meet Davies’ contractual demand of €20 million a year. This has, therefore, left Der Rekordmeister in a position where they can negotiate with the Canadian, whose future is still unknown.
It is understood that discussions over a new deal had recently taken place, but the record champions were only willing to offer Davies an annual salary of €13 million to €14 million. With the 23-year-old yet to sign a contract extension, however, Bayern have had a change of heart.