"If we think we need to spend 40 million euros (52 million dollars) to buy three players, we'll do it," Hoeness told the weekly Welt am Sonntag newspaper.

The Bayern boss said that they were willing to match the big-spending clubs in England, Spain and Italy.

"We've changed our way of approaching this issue: we're ready to spend more than before," said Hoeness.

"We have several dossiers in the pipeline, one transfer is almost completed and the other is on the right track.

"We're going for transfers which will show that we have a very offensive policy."

Bayern have already recruited German striker Jan Schlaudraff and are also interested in signing Marseille's French international Franck Ribery.

Ribery, however, has indicated he would favour a move to either Spain's La Liga or the English Premiership if he leaves the French club.

Hoeness added that they would not be actively pursuing German international striker Miroslav Klose, whose contract with Werder Bremen expires in 2008.

"If he indicates that he is ready to leave Bremen and is ready to join another club in Germany then we can talk."

Klose was the top scorer in the Bundesliga for the 2005-06 season and at the 2006 World Cup, but has not decided yet whether he will extend his stay at Werder Bremen or play abroad.