The People reports that Bayern are ready to make a bid for the striker and would even offer Robert Lewandowski in exchange.
Bayern Munich boss Pep Guardiola has been tracking the Argentinian striker for years and is keen to bring him to Germany.
The German side are ready to back Guardiola with a big-money bid for Aguero.
City are reportedly looking for more than £40million if they are to consider selling Aguero.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.