Bayern Munich's chief executive officer Karl-Heinz Rummenigge has suggested that defender David Alaba is likely to join Real Madrid in the summer.

The Austrian's contract is set to expire this summer and despite several negotiations over a renewal, Bayern and Alaba are set to part ways.

Marca reports that Real Madrid are the favourites to sign the 28-year-old and Alaba would be interested in moving to the Spanish capital to play in a different league at this stage of his career.

Rummenigge, who is keen for the defender to stay with the German giants, has admitted that it is almost certain that he will leave this summer with Los Blancos a possible destination.

"It is 99.99% certain that Alaba will leave the club [Bayern] at the end of the season. From January 2, David is able to sign with any club he wants. I don't know if he will come to an agreement with Real Madrid, but they are a great club and I can understand why that's interesting for him," Rummenigge told Sky Sport News.

"[Real Madrid president] Florentino Perez hasn't contacted us, nor does he have to. It doesn't matter that they are going through a tough period, and haven't been as successful as in other years, they are still a great club and you have to understand the player."

Alaba has made over 400 career appearances for Bayern Munich since joining the club in 2010, and has won nine Bundesliga titles as well as winning the Champions League twice.