The price for which Bayern is willing to sell Davies has been revealed

Bayern Munich has come to terms with the realization that this upcoming summer will witness the departure of Alphonso Davies, who has already finalized contractual details with Real Madrid.

As reported by Bild, Bayern has informed Real Madrid that they are prepared to transfer the Canadian footballer for a sum of 70 million euros.

Davies' contract with the Munich-based club is set to expire in the summer of 2025. Bayern finds itself compelled to sell the 23-year-old left-back next summer to prevent his departure as a free agent a year later.

Earlier reports suggested that Davies' price tag would not exceed 50 million euros.

For Real Madrid, the acquisition of Davies ranks as the second-highest priority after securing the signing of Kylian Mbappé.

In the current season, Davies has tallied 1 goal and 3 assists in 27 matches across all competitions.