Hasan Salihamidzic has confirmed that Kenan Yildiz has left Bayern, with Juventus said to be in pole position to sign the youngster.
The young attacker's contract expired at the end of June and will not be extended.
"Yildiz is a talented young player who we would have liked to have continued to accompany on his way," Salihamidzic told Bild.
"However, we could not and did not want to meet his financial demands. Therefore, Yildiz will unfortunately leave us."
Yildiz has been part of Bayern's youth department since 2012. Juventus are said to be leading the race for his signature ahead of Barcelona.