I think that’s the key issue here: while they can afford his wages, I’m not sure they’d be happy doing so knowing that his demands will be large.If Bale's driving the bus on where he lands, Bayern is certainly the more desirable landing spot from a competitive point of view.
Bayern can afford his wages with Robben and Ribery coming off the books, but I have a really hard time seeing them blowing up their wage scale to compete with what United could throw at him. Woodward has a mandate to sell tickets. Bayern considers that form of revenue-maximizing to be gauche.
If Nymzee is correct and Ole actually has final say over transfer policy, then a) good for United and b) I agree that United will pass. We'll learn something about United's current identity with either outcome, to be sure.