Fulham have rejected an improved bid from Bayern Munich for Joao Palhinha.
Bayern remain interested in the 28-year-old, whom they have been pursuing since last summer.
The potential total value of the proposal, including bonuses, is understood to have been worth the second-most for a defensive midfielder aged 28 or over
The current second-highest fee in this bracket is the £40m Al-Ittihad paid for Fabinho to Liverpool last year.
Palhinha has four years left on his Fulham contract, which has no release clause plus an option of a further year, and he is currently with the Portugal national team for the Euros.
New Bayern boss Vincent Kompany is eager to bring the Portugal international to the Bundesliga with backing from sporting directors Max Eberl and Christoph Freund.
But Barcelona and Manchester United are also interested in the ex-Sporting player, although it is unlikely the Spanish side would be able to afford him.
Bayern remain interested in the 28-year-old, whom they have been pursuing since last summer.
The potential total value of the proposal, including bonuses, is understood to have been worth the second-most for a defensive midfielder aged 28 or over
The current second-highest fee in this bracket is the £40m Al-Ittihad paid for Fabinho to Liverpool last year.
Palhinha has four years left on his Fulham contract, which has no release clause plus an option of a further year, and he is currently with the Portugal national team for the Euros.
New Bayern boss Vincent Kompany is eager to bring the Portugal international to the Bundesliga with backing from sporting directors Max Eberl and Christoph Freund.
But Barcelona and Manchester United are also interested in the ex-Sporting player, although it is unlikely the Spanish side would be able to afford him.
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