Bayern hasn't signed any of their top targets this summer. I can't see them signing Dembele. I think if the Neymar deal goes through, Dembele will be part of the deal going the other way to PSG.
Bayern isn't doing well on the transfer market this summer, and there's an obvious tell anytime that happens. Every time they struggle to sign players, they put out a report that says they weren't convinced of those players. There was a report today in kicker that they weren't convinced of signing either Hazard or Brandt, so they let Dortmund sign those two players. Maybe they weren't, but its rubbish because its the Bayern tactic that they are known for. This comes after a report today from Bild that made them look bad after it was reveled we beat them to signing Mateu Morey.
They also are struggling on the CB market. They wanted to sign Kabak, but he preferred Schalke instead because he didn't want to wait for them to sell Boateng. They need to sign another CB because they were practically pushing Boateng out the door a few weeks ago, and it doesn't look like they are going to do an about face and let him stay. Today they were rumored to sign Kevin Vogt. It would make a lot more sense to keep Boateng instead of signing Vogt, but that would take Bayern retracting their initial stance, which their club hierarchy probably doesn't want to do.