Bayern Munich 'want Liverpool to double Thiago Alcantara bid'

Bayern Munich and Liverpool are reportedly still some way apart when it comes to their valuations of Spanish midfielder Thiago Alcantara.

The 29-year-old has again been a key player for the German champions this season but his contract at the Allianz Arena is due to expire at the end of next June.

A recent report claimed that Liverpool were in 'very advanced' negotiations with Bayern over a move for the midfielder, who has won seven Bundesliga titles during his time in Germany.

However, according to Bild, the two sides are struggling to come to an agreement over a transfer fee.

The report claims that Bayern want €40m (£36.2m) for the Spain international, but Jurgen Klopp's side are not prepared to pay more than €20m (£18.1m) for a player who has less than 12 months to run on his contract.

Manchester United, Manchester City and Juventus have also been credited with an interest.