Bayern Munich Chairman Karl-Heinz Rumminigge confirmed Tuesday that Kroos will not be staying with the club, Marca reports. "We didn't want to lose him next season and not get paid the release clause. We are obligated to look after the club's finances; we couldn't allow ourselves that luxury," Rumminigge said.

Kroos has only one year left on his contract, so Bayern are looking for Real Madrid to meet the €25 million release clause. Kroos is still only 24 years old and he will be a massive addition to a Madrid side that could use some help in the midfield.

Kroos said after Germany's World Cup victory Sunday that he will be joining Real Madrid, the Daily Mail reports.

The report notes that Kroos will cost the Spanish giants at least £20 million for a transfer fee, which seems relatively cheap for the 24 year old midfielder, who has already won the World Cup and the Champions League.

Kroos had two goals and an assist during Germany's 7-1 win over Brazil in the semifinals of the World Cup on Tuesday.

Kroos' goals came within three minutes of each other in the first half, putting Germany up 3-0 and then 4-0. The dominating performance was completely shocking against the host nation, and Germany looks to be in their best form heading into the final.

Kroos said that he has yet to make any further progress on his future with Bayern Munich, reports the Daily Mail.

Reports earlier this summer already had Manchester United and Bayern agreeing to a transfer deal, which never happened. Kroos turned down Bayern's initial offer, and no agreement has been made yet.

Manchester United have agreed to a £20 million transfer fee to bring Kroos to England, according to the Daily Mail.

The report says the agreement came about while David Moyes was still manager of the club, and new manager Louis van Gaal approved it after his appointment. Kroos previously played under Van Gaal at Bayern Munich.

Kroos' agent said that the midfielder would stay with Bayern Munich until next year, reports the Mirror.

Kroos has been the subject of many transfer rumors pointing to a transfer to Manchester United. His agent moved to quiet the rumors with his statement that there has been no official contract offer and that even if there was one, Kroos was staying put.

Kroos has apparently told his Bayern Munich teammates that he wants to leave the club for Manchester United, according to the Mirror.

Reports surfaced again last week that Manchester United was prepared to spend big to get Kroos. The midfielder has one year remaining on his contract with Bayern, but United will test the team's determination to keep the player after contract renewal talks appear to have stalled.