Arsenal are reportedly interested in signing on a free transfer, but are hoping to persuade the winger to sign a new deal. Sane will be out of contract on June 30 and has yet to make a decision about his future.
are in the market for attacking reinforcements this summer and the club's co-chairman, Josh Kroenke, has . "We plan to invest to get behind winning and doing better next season," Kroenke said.
"We're delighted we have our sporting director, Andrea [Berta], who will play an important role in this. He is part of a unified and strong team, supported by the board, who are crystal clear on exactly what we need to do and the way in which we want to do it. The right way. The Arsenal way."
And according to a report from , Arsenal are among the clubs eyeing a move for Sane. The 29-year-old has plenty of experience, having won the title twice during his time at .
He also worked with Arteta at City, with the Gunners boss spending more than three years at the Etihad as assistant. However, the report states that Bayern have now tabled an improved contract offer in a bid to persuade Sane to stay.
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Sane's agent, Pini Zahavi, was recently seen having dinner with Bayern's sporting director Max Eberl and said: "We had a very good dinner, it was a nice dinner, I enjoyed it. But no news. I cannot speak about it, but it was a nice meeting."
The report adds that Bayern have offered Sane a 'slightly higher fixed salary' than their previous contract offer, which would have seen the forward earn around €10m (£8.4m) plus €5.5m (£4.6m) in bonuses.
"We have a very good relationship with his old and new management," Eberl said earlier this month. "It was surprising for us. We'll see what happens. We thought it was so close. But we'll see, we'll speak to each other.

"Our wish is to extend Leroy's contract, we've communicated that to him. But we have our limits. If the limits are exceeded, then it will be very difficult. Let's see what happens. Until the deal is finalized, nothing can be said.
"We have a clear idea and thought we were on the right track. Of course, we're talking to the new agency. There's no bad blood; the players are free to make their own decisions.
"Leroy's performances in recent weeks have been very good; he's shown that he's committed to Bayern Munich. We hope he will extend, and if not, we'll move on as well.
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