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The 21-year-old Dortmund striker, whose current contract expires in 2024, is expected to remain with the German club for their current Bundesliga campaign.
Dortmund have fended off interest from the likes of Manchester United, Chelsea, Real Madrid, Barcelona and Bayern Munich by slapping a hefty £160m price tag on Haaland this summer.
However, the club could struggle to keep Haaland next summer after initial reports suggested he has a £68m release clause that will become active in 2022.
Marca now reports that Haaland’s release clause will activate from 1st September, only a day after the summer transfer window shuts.
According to the Spanish newspaper, the Norway international will be free to negotiate with another club from the aforementioned date.
Dortmund could sell Haaland for a cut-price fee in January, but the Bundesliga side will hope that they can keep the Norwegian star until the end of the season.
Haaland played under United manager Ole Gunnar Solskjaer at Norwegian side Molde, with the Red Devils keen to lure him to Old Trafford.
Solskjaer’s contract extension at United has reportedly fixed a major 'issue' in landing Haaland, who previously turned down the Red Devils after he left RB Salzburg for Dortmund.
However, it has been reported that Haaland’s release clause could rise at Dortmund depending on his performance this season.
Bayern sporting director Hasan Salihamidzic has confirmed that the defending Bundesliga champions will enter the race to sign Haaland.
He told German TV channel Sport1: “He's a top player, and I hear a great boy too. You look there, but he's a Dortmund player. Sixty goals in 60 games.
“You have to look, otherwise we would be full amateurs.”
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