Bayern Munich president Karl Hopfner says the club will not make Toni Kroos a new contract offer, amid ongoing speculation that the midfielder is set for a move to Manchester United.
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United are believed to have made significant advancements in their pursuit of Kroos, 24, with sources close to Old Trafford telling ESPN FC that they are confident of completing a deal.
The Germany international is moving into the final year of his contract at Bayern, and in January rejected a new offer from the club, choosing to put all talks on hold until the summer.
Kroos feels that his importance to the team should be honoured with a suitable deal, and that the January offer did not match his expectations.
Hopfner, however, has ruled out making the midfielder an improved offer.
"It was the same with Michael Ballack [before his free transfer to Chelsea in 2006], we withdrew our offer at one point," he said in kicker. "Kroos is under contract until 2015.
"There will certainly be more talks. But eventually the player has to say what he wants. We will not overstep certain financial limits."
The new Bayern president then reiterated that the existing contract offer will not be increased.
"That's the state of play, no question," he said.
When asked whether Bayern would be willing to sell Kroos should they receive a substantial offer, Hopfner added: "I don't know. Everything changes so fast sometimes."
Meanwhile, the Daily Mail has reported that a deal between Bayern and United -- believed to be worth 24.7 million euros -- was struck when David Moyes was still in charge at Old Trafford. Incoming Red Devils manager Louis van Gaal has given the green light to the transfer, the newspaper reports.