Bayern Munich have confirmed their interest in Manchester City defender Jerome Boateng - but have denied already agreeing terms.
The 22-year-old is under contract at Eastlands until June 2015 but a knee injury has restricted his appearances with the FA Cup finalists this term.
Munich newspaper the Muenchner Merkur has now claimed the Germany international has agreed terms to join Bayern for next season.
But Munich's director of football Christian Nerlinger insists a deal has now been done for the player, who could cover at right-back and play at centre-half for Bayern.
"It's not correct that we've already agreed terms. We're keeping tabs on him, but that's difficult now because of his injury," Nerlinger told the Merkur.
The defender's advisor Jorg Neubauer has previously played down the speculation, while City insist the defender, who has 13 caps for Germany, is not for sale.
"We have big plans with Jerome," City's technical director Mike Rigg told German daily Bild.
"He's an important part of our plans for the future.
"We'll be playing Champions League qualifiers next term and want to do so with Jerome. He's not for sale."
Meanwhile, Bayern are also reported to be monitoring City's Togo striker Emmanuel Adebayor, who is on loan at Real Madrid.
The 27-year-old is seen as a possible replacement for 32-year-old Germany striker Miroslav Klose, who is out of contract at the end of June.
"Real have a purchase option (on Adebayor)," said Rigg, with Adebayor reported to be worth 13 million euros (£11.69m).
"Adebayor is a guy who would fit in at Bayern. He's a great player, similar to (ex-Bayern striker) Luca Toni."
Reports have also linked the second division's top-scorer, Nils Petersen of Energie Cottbus - who has scored 24 goals in 31 games this season - and Borussia Moenchengladbach midfielder Marco Reus to Bayern.
Petersen admits he feels honoured by the reported interest of Bayern in his services but he is keeping his feet on the ground.
He told Deutsche Presseagentur: "There has been no direct contact to anyone at Bayern Munich, still this would be a honour for me.
"Bayern Munich is the biggest club in German football and I have always said that it would take a good offer to take me away from Energie Cottbus. I need to see there is a good future possible.
"Anyway I am not going to speculate further on any rumours. I am keeping my feet on the ground and I am going to wait until there is any further progress this week."