Davies has emerged as one of the best left-backs in world football since breaking into the Bayern first team as a teenager in the 2019/20 season, and with only 18 months left on his contract, he is in understandably high demand.
The Canada international is valued at €57.6 million by FootballTransfers’ in-house algorithm, but that number will continue to fall as long as he doesn’t renew with Bayern.
Thomas Tuchel recently dropped Davies for Raphael Guerreiro, playing the Portuguese at left-back in the midweek win over Union Berlin, but David Ornstein doesn’t think Real will be given the chance to capitalise.
Europe’s elite have been linked with Alphonso Davies.
Who should he sign for? 🤔 pic.twitter.com/xzOlkFOl6c
— Football Transfers (@Transfersdotcom) November 16, 2023
‘Bayern contract offer superior’
“The Real Madrid interest is well documented, but the last I heard the Bayern Munich contract proposal was superior,” he said during a Q&A with The Athletic. “So unless that has changed or does subsequently, the expectation is that he will renew.”
Only Harry Kane (€108.5m) and Jamal Musiala (€95.6m) carry a higher expected value than Davies among Bayern’s squad, but the record German champions are under no pressure to sell from a financial point of view.
Davies is only the 11th-best paid player at the club, and can expect a significant increase if he is to spurn Madrid’s interest.
Real would likely need Davies to run down his contract if they are to bring him to the Santiago Bernabeu, with the majority of their transfer budget planned for one of the game’s top strikers, be it Kylian Mbappe or Erling Haaland, if not both.
Bayern are reportedly scouting Real defender Rafael Marin, meanwhile, with the plan to poach a young talent back should Davies move to the Spanish capital.