Arsenal suffer transfer blow after Mikel Arteta told to think outside the box

Leroy Sane is set to agree to take a pay cut to remain at Bayern Munich despite interest from the likes of . The German .

The ex-Manchester City star, who worked with at the Etihad Stadium, is set to commit to a three-year deal with the Bundesliga giants having convinced the club's hierarchy he is worthy of a new deal, per . Despite opportunities to earn a, Sane is said to have agreed a €10million+€5m package (£8.53m+ £4.27m), reduced from his current €15million+€5m offering (£13.8m+£4.27).

It is that in part helped convince Bayern to extend his deal. There is a belief he can remain a valuable player while not taking on a significant cost in the club's salary structure

Sane could quickly see that deal re-negoitated if he impresses on the pitch too. New discussions could take place in 12 months' time.

, Bayern's sporting director Max Eberl suggested that Sane's performances had been convincing. The 29-year-old has scored 11 goals in 41 appearances this term.

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"There is still no decision on Leroy," Eberl said in March. "With his current performances, he is providing arguments in favor of a new contract.

"We have to discuss: Which contracts do we extend and how does it fit into the overall constellation? Leroy, like .everyone else, has a chance of getting a new contract."

Former Bayern, and midfielder Dietmar Hamann was not convinced that Sane would do enough to earn a new deal. The 51-year-old believed that with a creative deal based upon incentives, the winger could prove a good option for Arsenal, who are now set to miss out.

"Leroy Sane's consistency has been a problem with ," Hamann told . "This is why he probably won't get offered a new contract.

"However, I think if you give him a performance-based contract, you'd have a brilliant player on your hands. That's what I would do. I heard that Arsenal are interested and I wouldn't be surprised if that's the case.

"I think he's a good kid. I think some people read too much into body language, if you look at Lionel Messi's body language you think he's a non-league player.

"So I don't give too much thought to that, I think he's a good kid. The fact is he's not been consistent enough, but that doesn't mean he won’t be for Arsenal next season."

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