There is no chance of Nicolas Jackson’s loan move to Bayern Munich becoming permanent, according to honorary club president Uli Hoeness.

Jackson joined Bayern in a deadline day loan move with an obligation to make the signing permanent for £56.2million if he hits an appearance quota. That deal came after a protracted saga in which Chelsea appeared to cancel Jackson’s loan following an injury to Liam Delap, before then allowing him to move to the Allianz Arena.

Hoeness, though, insisted there is no hope of Jackson meeting that appearance quota, with the Bayern board member also disputing the reported loan fee.

“It’s not a €16.5m loan fee, because the player and his agent are contributing €3m, so that leaves €13.5m,” Hoeness told SPORT1.

“There will definitely not be a permanent contract. That only happens if he plays 40 games from the start. He will never do that.”

Jackson was acquired by Bayern after the club made three unsuccessful bids to sign Germany international Nick Woltemade from Stuttgart.

Woltemade joined Newcastle United for a reported fee of £69m, a price that astonished Hoeness.

“We’re very satisfied at FC Bayern. We are the real winners of the summer transfer window,” he added.

“We have a strong team and didn’t need to strengthen it much. Of course, we would have liked to have Florian Wirtz, but we’d never have bought him for €150m.

“We offered €55 million for Nick Woltemade, while Stuttgart wanted €75 million. In the end he went for €90m. What Newcastle are doing has nothing to do with football. It’s like Monopoly these days.”