Timo Werner has been told by RB Leipzig chief executive Oliver Mintzlaff to either sign a new contract with the club or leave this summer.
Werner has scored 61 Bundesliga goals in 114 appearances for Leipzig - as well as ten in 25 for the German national team - and is recognised as one of the brightest talents in the country.
The 23-year-old has garnered attention from Bayern Munich, who regularly snatch the best prospects within their league and who have to consider a possible long-term replacement for Robert Lewandowski, who is now 30.
Liverpool have been frequently linked with a move for Werner, but nothing concrete has ever materialised.