Bayern and Gnabry reach agreement in principle on new contract

Serge Gnabry is reportedly very close to extending his contract with Bayern Munich.

Bayern Munich and Serge Gnabry appear to be nearing a contract extension that would keep the 30-year-old attacker at the club beyond 2026.

According to Bild’s Bayern Insider podcast, the two sides have reached an agreement in principle on a new two-year deal.

As part of the new contract, Gnabry is set to take a pay cut from his current €18 million per year, with his salary expected to be just under €15 million annually.

In the “very best case,” the figure could rise to €16 million per year through performance bonuses.

This season, Gnabry has racked up five goals and seven assists in 20 appearances for Bayern.