The Spanish side sanctioned Conor Gallagher’s move to Tottenham earlier in the window and are now targeting a high-profile reinforcement in central midfield.
Goretzka is seen as a strong tactical fit for Diego Simeone’s system, and sources suggest clarity on the situation could arrive before the end of the day.
Talks have progressed significantly over the past 24 hours and there is a feeling among sources that - as a club - Bayern are open to the move going ahead.
However, two major obstacles remain.
One is the view of Bayern head coach Vincent Kompany, and whether he would prefer to keep him on board for depth.
The other view is of Goretzka himself. The Germany international could yet push for a move away, but his stance is expected to be a key factor as negotiations continue.
Interestingly, Tottenham have also been monitoring the situation. Spurs have made contact through intermediaries as they explore late-window options, with one or two further additions anticipated before Monday’s deadline.
Goretzka, 30, is entering the final year of his contract in Munich and will be available on a free transfer next summer - a factor that is testing Bayern’s resolve right now.
At present, a transfer is viewed as a genuine possibility, but the midfielder is carefully weighing up his options.
He is aware that remaining in Munich would still leave him with strong opportunities to explore across Europe and beyond once the season concludes.
Yet the following hours are going to prove decisive as he considers a big moment.
Follow all the transfer news LIVE
