Bayern Munich Cheif Karl-Heinz Rummenigge has confirmed the Bavarians have dropped their interest in signing Arsenal striker Alexis Sanchez for next season.Sanchez is now in the final 12 months of his Arsenal contract and he has not made it clear whether he plans to stay at the Emirates beyond the summer.After head coach Carlo Ancelotti last week had his wish granted to sign Colombia's James Rodriguez on loan from Real Madrid, Bayern have called off their bid to poach Chile's hot-shot Sanchez from Arsenal. "I do not know what he said, we are no longer involved. "We've agreed with the coach that there will be no more additions in attack. That makes no sense." Rummenigge said on The ExpressSanchez created fresh headlines on Saturday when he said he wanted Champions League football. "The truth is that the decision doesn’t depend on me. "I have made my decision, but now we wait for a response from Arsenal. It depends on them, I have to wait to know what they want." said the ChileanArsenal failed to qualify for the Champions League and with 12 months now left on his contract and no agreement over an extension reached, Sanchez's future is in major doubt.