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Hummels, Sanches deals will not stop Bayern spending - Rummenigge

Bayern Munich chairman Karl-Heinz Rummenigge has warned that the Bundesliga champions are prepared to continue spending despite the signings of Mats Hummels and Renato Sanches.

Hummels signed a five-year contract with Bayern on Monday after completing a medical, with Borussia Dortmund reportedly set to receive a transfer fee €38million.

The deal for the Germany international was announced on the same day as an agreement with Benfica to sign rising midfield star Sanches, who could cost Bayern a total of €80m depending on possible add-ons.

"We'll put our squad plans together and see," he told Sport Bild. "We signed two good players in Hummels and Sanches, now we have to look at what we will do from here.

"What we do always depends on what our intentions for the future are, too."

"Contrary to recent reports, I had a very good phone call with Ancelotti," he told Bild. "And I am looking forward to working together with him."