Bayern Munich and Real Madrid agree on transfer strategy

Bayern Munich and Real Madrid have established an informal agreement regarding player transfers, aiming to prevent unsolicited bids. The arrangement, described as a 'presidential pact,' was revealed following Real Madrid's public denial of interest in Bayern's Michael Olise. Bayern's president Herbert Hainer and Real's Florentino Pérez have agreed to notify each other before pursuing players from the opposing club. This understanding comes in the wake of previous tension regarding transfer rumors and highlights the clubs' efforts to maintain a harmonious relationship. Hainer is scheduled to address students at the Bernabéu Stadium on June 30, further signaling their collaborative approach.

• 7:00 AMYahoo Sports — Inside Bayern Munich’s secret agreement with Real Madrid