According to Falk, the second round of contract extension negotiations between Bayern Munich and Kane has begun, with talks taking place since late last week. Both sides are very optimistic about completing the extension, with the new contract expected to run at least until 2029, and Kane himself is willing to sign a longer-term agreement.

Falk said: "The second round of contract extension negotiations between Bayern Munich and Kane has begun. Talks have been taking place since late last week. The stadium in Elversberg is quite small, and it's currently undergoing renovations, so there are fewer than 10,000 fans in the stands. Because of this, if any high-profile figures show up at the stadium, you can easily spot them. This time, Pat Kane and Charlie Kane were both present at the stadium. But this is not just a family outing. They are currently in Germany with the purpose of discussing with Bayern Munich's leadership whether Kane will sign a new contract."
Both sides are very optimistic that he will sign a new contract. One thing is clear: the new contract will be no less than two years, meaning it will run until at least 2029. However, Kane himself can imagine signing an even longer-term contract."
Regarding Kane's future career plans, Falk said: "He hopes to participate in Euro 2028, and also aims to compete in the 2030 World Cup. The next question to consider is how much salary he will receive. If it's a two-year contract, I think his salary will be similar to now. It's said that his current annual salary is around 25 million euros. If it's a longer-term contract, then both sides may need to discuss whether his salary needs to be reduced slightly. There are other ideas that need to be discussed, such as whether the new contract needs to include a release clause. Kane's previous contract had such a clause, where he could choose to activate it before January. But ultimately he never activated this clause because he was very happy in Munich."
Regarding rumors that Kane might be in contact with other clubs, Falk made clear: "The rumors claiming he is discussing various options with other clubs are simply not true. There is no Real Madrid, there are no English clubs, and there are no Saudi Arabian parties. There were rumors at the beginning of this summer that he was negotiating with the Saudi Pro League, but in fact, neither Kane nor his family had any such negotiations with the Saudi side. He wants to win the Champions League title with Bayern Munich."
Regarding Bayern Munich's spending power in the transfer market, Falk said that Bayern Munich has sufficient financial capacity to complete major deals.
He said: "Look at this summer—Bayern Munich had a very clear idea that they didn't want to spend more than 50 million euros. Look at what they paid for Sabitzer and Dayot Upamecano, plus the income from selling players, we're really talking about Bayern Munich investing around 30 million euros. But on the other hand, if Bayern Munich really identifies a player, as they did previously with Wirtz, there's no issue with investing 100 million euros for a player they completely believe in. Ultimately, this German player chose Liverpool, but Bayern Munich was still willing to spend that amount because they had great confidence in him.
If such a player appears on the transfer market, and Bayern Munich happens to need to strengthen that position, or if he is a German player and Bayern Munich doesn't want to see him go to the Premier League, then the club can act at any time. They did that when signing Kane from Tottenham Hotspur. So Bayern Munich is completely capable of completing such deals. It's just that they don't view spending large sums every year as routine, unlike some other clubs."
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