The honorary president of Bayern Munich, Uli Hoeness, stated that the club only paid £82 million (€95 million) to acquire the services of Harry Kane from Tottenham Hotspur. Kane ended his 19-year association with Spurs by transferring to the Allianz Arena just before the 2023/24 season.
The striker left Tottenham as their all-time top scorer, breaking Jimmy Greaves’ record that had stood for nearly half a century in February during a 1-0 victory over Manchester City. In total, Kane found the net 280 times in 435 appearances for Spurs.
Kane’s contract in North London was set to run until 2024, and Bayern Munich first expressed interest in him in the summer of 2022. While Spurs were confident he would sign a new contract, they became increasingly concerned about Kane’s interest from the Bundesliga champions throughout the season.
Months of negotiation for Harry Kane
After months of negotiations, they finally reached an agreement. The centre-forward became Bayern Munich’s marquee signing for the year, and his performance upon arrival showed that the investment in his acquisition was a good one.
After a year-long pursuit, Kane set an internal deadline for Tottenham to agree to his transfer to Bayern Munich. If he were still at Spurs at the start of the 2023/24 season, he would be inactive for the year. The striker has one of the best goal-scoring averages in world football.
Bayern Munich finally reached an agreement with Tottenham on August 10 and concluded the deal two days later, with Kane signing a four-year contract in Bavaria. The striker had been pushing for an exit from the Premier League club and sought a fresh start.
The agreed-upon amount was initially £86.4 million (€100 million), but Hoeness emphasized that the actual value is lower than widely reported. This information came as a bombshell in the British sports media, and there were criticisms of Tottenham for the deal.