Los Merengues have previously announced that they'd do their utmost to sign the 26-year-old, but Bild confirmed that their hefty offer was rejected by Bayern.

Bild denied earlier reports by Spanish newspaper Marca, who said that Bayern already reached a deal with Real over Ribery.

Real Madrid president Florentino Perez has already brought in Kaka from AC Milan and agreed with Manchester United over the purchase of Cristiano Ronaldo.

Ribery joined Bayern from Marseille in 2006 for €25 million.