The 32-year old former Spanish international is expected to leave the Allianz Arena by Monday when the transfer window comes to a close as a way to clear the way for his future.
Martinez spent over eight years with the Bundesliga club. But within the last couple of years, he has found it hard to get a commanding position at the club.
His latest impact was scoring the winning goal against Sevilla FC in the UEFA Super Cup last week.
For the Spaniard, he wants to play regularly, but he is currently held back by demands set by Bayern. Measuring a potential sale of the club legend in the region of €20 million euros.
However, no club is willing to pay a huge for a 32-year old. As reported by Sky Sport Germany (h/t Fussball Transfers) Bayern Munich will allow the treble winner to leave on a free without any obligation from interested clubs.
This is just a way to clear the way for Martinez career. Sky also revealed that clubs interested in securing his services do not want to pay anything for him despite having a year left on his contract.
Notably, Italian Serie A side Fiorentina and La Liga outfit Real Betis have rumoured to be interested in signing the Bayern Munich legend.
The latest report also suggests a club from Saudi Arabia Al-Nasr offers the Spaniard lucrative deal.