Bayern ready to fork out over $100 million

After a disappointing football season with only one title, Bayern Munich have announced they are considering to invest a record over $100 million into new footballers.

Uli Hoeness, President of the German champions, announced that the club will overhaul its investment policy. More than 100 million euro ($112 million) will be made available to reinforce the current squad in order to attack Europe's top dogs in football such as Real Madrid, Juventus and FC Barcelona.

Hoeness made it clear that a single trophy is not enough to satisfy the club's ambitions. The 65-year-old is well aware that the club will have to go beyond its previous outlay, saying, "to make our squad better, we will have to buy some of the top players in world football", reports Xinhua news agency.

After the retirement of team captain Philipp Lahm, who will be succeeded by keeper Manuel Neuer and Spanish veteran midfielder Xabi Alonso, it will be hard for Bayern to keep the same level of quality.

Having been eliminated in the Champions League as early as in the quarter-finals by Real Madrid and in the German Cup in the semi-final by Borussia Dortmund, Hoeness said the club will be forced to pay sums that it had so far never considered but that are normal on the current transfer market.

The main task will be to find the right mixture of experienced and youth on a top level, Hoeness emphasised.

In addition to Niklas Suele and Sebastian Rudy (TSG Hoffenheim), rumours abound that international stars such as Alexis Sanchez (Arsenal) and Marco Verratti (Paris Saint-Germain) and FC Schalke's young midfielder Leon Goretzka are Bayern targets.