Crystal Palace have knocked back a loan offer from Bayern Munich for star man Wilfried Zaha, standing firm over their £80million valuation of the winger, according to the London Evening Standard. 

The German champions held talks this week with the Ivory Coast forward’s new agent, Pini Zahavi, who is attempting to secure Zaha’s departure from Selhurst Park after proposed moves to Arsenal and Everton failed to materialise in the summer.

Bayern, who will face Chelsea in the Champions League last 16, offered to take the 27-year-old on loan with a view to signing him permanently in the summer, although it is understood that proposal was immediately dismissed.

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The German club are still hopeful of signing Leroy Sané from Manchester City at the end of the season, having failed last summer, but could return to Zaha if unsuccessful.

Palace have reluctantly accepted that Zaha can leave if a club matches his valuation but, with Chelsea’s interest reported to have cooled, it remains to be seen whether he will move this month.

Zaha's new agent Pini Zahavi is also trying to broker a deal with Tottenham for the Crystal Palace forward, according to the Daily Mirror.