Ter Stegen's current deal with the Catalan giants will run until the summer of 2022, although it has been claimed that the 27-year-old could reject a new contract in favour of a move to the Allianz Arena.
According to Sport, Bayern are determined to sign the Germany international this summer and could be prepared to eclipse the current world-record transfer fee for a goalkeeper.
Kepa Arrizabalaga's £72m switch to Chelsea from Athletic Bilbao in 2018 currently holds the record, but the German giants are allegedly prepared to go as high as £80m for Ter Stegen.
The stopper has kept 11 clean sheets in 34 appearances for Barca during the current season. body check tags ::