Ancelotti, Rummenigge admit Renato Sanches could leave Bayern Munich

Bayern Munich manager Carlo Ancelotti admitted the club could part ways with highly touted midfielder Renato Sanches amid interest from AC Milan.

The 19-year-old Portugal international made six appearances last season in the Bundesliga and while he remains with Bayern for pre-season training, Ancelotti said the club is considering its options for his future.

"At this time, he's training with us. We have to make a decision," Ancelotti said, according to Sky Sports. "A move could be a possibility, but there is also a chance he could stay with us for the season."

Sanches has been linked with a loan move to AC Milan in a deal that would reportedly include a €40-million purchase option.

Bayern chairman Karl-Heinz Rummenigge confirmed there is interest in the young midfielder and that the club has pondered an out-and-out sale, adding that talks between the two parties haven't progressed recently.

"He won't get enough minutes at Bayern, so we're willing to negotiate a loan deal and maybe beyond that," Rummenigge said, as quoted by FourFourTwo.

"I'm not the coach, but I think Renato needs regular football. I can confirm Milan's interest, but talks didn't progress last week.

"If a club is interested in a Bayern player, they must be ready to deal with significant economic figures and I don't feel that Milan are ready to meet our demands.

"We'll say that it wouldn't be bad if a €48 million offer came in for him."