German Bundesliga giants Bayern Munich have been ruled out of the keenly contested race to sign Ajax Amsterdam defender Matthijs De Ligt.
This is according to the report from popular media channel ESPN which claimed that the Bavarian giants have been priced out of a move for the 19-year-old centre back.
Matthijs De Ligt is widely regarded as the best teenage player on the world football stage and several clubs want to sign the £75m defender.
The Ajax Amsterdam skipper played a big role as the Dutch giants finished the just concluded season with two trophies.
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Matthijs De Ligt and Ajax won the Dutch Eredivisie title ahead of former holders PSV Eindhoven on the final day of the season to add to the Dutch Cup title won via a 4-0 win over Willem II in their final clash.
In addition, Ajax Amsterdam also reached the Champions League semifinals before they were eliminated on the away goals rule by North London giants Tottenham Hotspur.
Apart from Bayern Munich, Manchester United, Paris Saint Germain (PSG), Barcelona and Manchester City have all been linked with a move for the aforementioned De Ligt.
Recent reports claimed that Manchester United have made a £75m bid for the player in addition to a weekly salary of £350,000.