Bayern Munich president Uli Hoeness has seemingly ruled the German club out of signing Alexis Sanchez from Arsenal.
Speaking to Kicker, Hoeness outlined how Bayern's transfer strategy is to build a side for the future by signing promising young players rather than '29 or 30 year-olds'.
Sanchez, 28, has one year remaining on his Arsenal contract but has doubts over his future after the Gunners failed to qualify for the Champions League.
'We are all talking about a reconstruction and about planning Bayern Munich's future,' Hoeness said.