There are reports that Sadio Mane wants to leave the club, but he hasn't told them.
The club is expecting contact from the German club but would prefer more than 30 million dollars for the player who has 12 months left on his current deal.
Sky Germany is reporting that a contract is expected to be signed by the summer of 2025. They expect an initial offer of 30m plus between 5m and 10m in bonus payments.
Hasan Salihamdzic, the club's sporting director, will lead negotiations, while Oliver Kahn and Karl-Heinz Rumenigge watched the game.
The forward did not make an appearance in front of the media after the Paris showpiece but he did hint that he would announce his long-term plans after the game.
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At his pre-match press conference in Paris, the manager was asked about the rumors, but he was non-committal.
The Reds boss said that Sadio will be a big player next year.
Sky Germany reported on Friday that the club is confident they can sign the player for less than 50 million dollars.
After meeting his representatives this month, Salihamidzic made the top priority of his transfer list.
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Kylian Mbappe's contract extension and Leonardo's possible exit as sporting director make it unlikely that Paris Saint-Germain will be able to make a deal with Mane.
Roberto Firmino and Mohamed Salah are also entering their final 12 months with the club, which means that there are other contract issues that need to be resolved this summer.
Ahead of the final of the European club competition, the Egyptian player confirmed that he will be at the club next season.
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He has said publicly that he would like to stay at the club.
In his mind, he doesn't focus on the contract. I don't want to be selfish. I said two months ago that it was about the team. This is an important week for us. I don't want to talk about the contract right now, I'm staying next season for sure.
Vinicius Jnr's second-half goal was the difference in Real Madrid's victory in the final of the European Championship. There is more to the story on a dramatic night. The big talking points are discussed by Peter Smith, Nick Wright and Adam Bate from inside the Stade de France.
The panel reflect on the twists and turns on the pitch, picking out the star performers and fine margins which swung it the Spanish side's way, as well as discussing the off-field issues which saw the match delayed by 37 minutes.
We analyse what this result means for how the entire season will be assessed, and how they will bounce back from this disappointment.
In the end, it is all measured by the colour of the medal you get after the game. It felt cruel in Paris the next evening.
The season could have delivered four trophies, an historic quadruple to echo down the ages. It appeared to be possible with less than two hours left in the campaign. Instead, they are left with two cups.
Manchester City have taken relentlessness to a new level. The mentality monsters met their match - a Real Madrid with reasons to believe of their own - was difficult to overcome.
What more could they have done? Was this a failure of the team?
Sky Sports has more from Adam Bate.
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