Jamaica international Bailey has aspirations of joining an unnamed Prem club in the future, but for now he is content to continue his development at the BayArena.
"Of course I have a dream club, but I will not tell. Basically England was and still is my dream," he told Bild. "And if I keep working hard, I'm sure it will work someday.
"The change to Bayer was just the right step for my development. I am happy here. And we have every chance to get into the Champions League. Europe is our big goal."
Bailey scored six and set up four more during the first half of the Bundesliga campaign, while also chipping in with a couple of goals in the DFB-Pokal.