Giovane Elber admitted Wednesday that he is ready to leave Bayern Munich with French titans Monaco and Lyon set for a tug-of-war for his services.

Coach Ottmar Hitzfeld gave Elber the green light on Tuesday saying the former Brazilian international should leave the Olympic Stadium and Elber has confessed that he feels the same way.

"The manager has said I can stay here if I do not find another club but I think it is best if I go," Elber said after training on Wednesday.

Champions League hopefuls Lyon and Monaco are the front runners for the top-scorer in the Bundesliga last season and general manager Uli Hoeness revealed a decision would be made on Thursday.

"A decision on whether Elber goes or not will be made by Thursday at the latest," Hoeness told German daily Bild. "Elber could earn more money at Lyon but Monaco have put together the better package."

The 31-year-old Elber revealed that Monaco were slightly ahead in the race for his signature but was impressed by the efforts of French champions Lyon.

"I talked with Monaco and they have the priority although Lyon are also going to a lot of trouble," added the former VfB Stuttgart striker.

Monaco and Lyon are believed to have offered four million euros for the services of Elber with Lyon offering an annual salary of three million euros while Monaco have tabled a figure of 2.5 million euros per season.

Both teams will be keen for a swift deal as the deadline for Champions League registration is August 31.

Bayern manager Hitzfeld claims the 2001 Champions League victors are not pushing Elber out of the club because his contract expires in 2004 and they would lose the player for nothing, rather than receive a transfer fee.

"The financial side is not important," explained Hitzfeld. "The transfer fee is not that large."