Bayern Munich manager Carlo Ancelotti has conceded that his side won't be spending money in the January transfer window, effectively squashing talk of Julian Draxler's potential move to Bavaria.

Reports in Germany this week have claimed that Wolfsburg are prepared to sell Draxler due to their precarious league position, despite signing the 23-year-old for €40m last summer.

FC Ingolstadt 04 v VfL Wolfsburg - Bundesliga

But although Ancelotti admires the winger's ability, he admits that his side are already 'complete' and that they won't be doing any business in January.

"Draxler is a very interesting player. Full stop," ​FourFourTwo quote the Italian manager as saying.

"He can play in any team. Our team is complete. We won't do anything in winter - there's no market for us."

For now, Ancelotti's focus is firmly fixed on his side's Bundesliga match against Wolfsburg this weekend, claiming that league-leaders RB Leipzig's result against Ingolstadt 'doesn't matter'.

"We have to focus on our own game. What happens in Ingolstadt does not matter. We know that, with three victories, we can return to the top of the table," he added.

"It's strange to see Wolfsburg so far down in the table. They have very good players so I expect a difficult game.

"They have players like Mario Gomez or Borja Mayoral, who I coached at Real Madrid. Luiz Gustavo and [Josuha] Guilavogui, as well. These are good players."

Ancelotti also said that club-captain Philipp Lahm will revert back to his natural position of defence, despite playing well in midfield against Mainz last week.

He continued: "Lahm played very well in midfield against Mainz but he will play as a right-back. He's an intelligent player and sometimes we need him in the middle. That doesn't mean the other players are not intelligent!

"Muller's in very good condition and played very well against Mainz. For me, he is a striker, sometimes in the middle, sometimes a bit to the right or left.

"He's very intelligent. He can't play in one-on-one duels like Arjen Robben but he can find spaces. His best position is more central.

"Jerome Boateng has been training but he had a few problems. If he's fit, he will play, otherwise Holger Badstuber can replace him."

Bayern Muenchen v Bayer 04 Leverkusen - Bundesliga