Bayern Munich have been considering their options in attack this season given the advancing ages of both Arjen Robben and Franck Ribery but the Bundesliga giants have seemingly missed out on their top target.

After bringing in James Rodriguez from Real Madrid in the summer, Bayern were ready to complete another swoop on the Champions League holders after they accepted a £86m bid for attacker Gareth Bale.

However, Spanish source Diario Gol reports that the Wales international has snubbed a potential move to Bayern Munich this month as he is holding out for a return to the Premier League in the summer should he be forced out.

Bale is widely expected to leave Real in the summer with the La Liga giants growing increasingly frustrated with the winger’s injury problems but the former Southampton academy graduate is still coveted in the Premier League.

The 28-year-old’s preference is understood to be a return to Tottenham, five years after completing a £90m move from Spurs to Real Madrid – with Mauricio Pochettino keen on bringing him back to North London, while both Manchester United and Chelsea want to sign Bale as they look to bolster their attacks in a bid to close the gap on Manchester City ahead of next season.