
The winger has been strongly linked with Manchester United while Chelsea, Liverpool and Manchester City have all shown interest.
The former City academy player is one of the most highly-rated young players in the world and was having a fine season until football was put on hold due to the coronavirus crisis.
Dortmund do not intend to let their star go without a fight and are prepared to increase his salary from £5.2m per season to £8.7m, according to German newspaper Bild.
That would make Sancho the club's second-highest-paid player after club captain Marco Reus, who earns £9.6m per season.
The Englishman only signed a new deal last year and is contracted until 2022 but has not given fans reassurances that he will be staying put.
Dortmund CEO Hans-Joachim Watzke told Bild last month: 'Even before the coronavirus outbreak, we said that we prefer that Jadon stays with us.
'At the end of the day, however, you always have to respect what the player wants.
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