The news put Manchester United on red alert with Jose Mourinho a keen admirer of his compatriot.
AC Milan would only have to pay Lille €8 million to prise the Dutchman away from France.
Sanches is itching for a move away, but is not yet close to a deal with AC Milan.
The Spaniard had agreed a new deal with the then CEO Adriano Galliani which would have seen the former Liverpool man's wages almost doubled.
It is difficult to call this match, with Bayern displaying inconsistencies not usually associated with their name.
The Italian defence continued to hold strong against the Bayern offence, especially from the left flank as French winger Franck Ribery tried to dribble past his opponents to no avail.
"We are still in training but this was a great performance against a strong Bayern side", Brazil-born Eder said in a pitchside interview.
Borussia Dortmund host Bayern in the German Supercup on Aug. 5.
Chelsea have only faced Inter in a competitive setting twice in their history, with both of those encounters coming over a two-legged Champions League Last 16 tie in 2010. "It was valuable to see we have a player who can basically do it".
When is Chelsea v Inter Milan? "Many players have become legends in Munich". How to watch to the match.
With Bayern and Milan at an impasse when it comes to Sanches it is possible the door could re-open for Manchester United to sign the youngster.
The report suggests that the Gunners are weighing up a possible second bid, though Kjaer's agent agent Mikkel Beck previously revealed that his client is happy at Fenerbahce.
Now, Bayern Munich boss Ancelotti has conceded that Sanches could be on his way out of the German club this summer, but also refused to rule out the possibility of him staying at the club.