By FOX Sports Staff
Bayern Munich and Dortmund have been fierce rivals in the past seasons with the latter's emergence as a power in the Bundesliga to wrest the league title from the Bavarians in 2011 and 2012. Their rivalry continued in the 2012-2013 season, with both teams facing each other in the Champions League final.
The rivalry was exacerbated when Bayern captured Dortmund's star player Mario Gotze, and are reportedly in for their top scorer Robert Lewandowski as well.
However, Watzke feels there's no need for peace talks just yet as they still enjoy a sufficient working relationship.
"There will not be a peace summit with Bayern. There is really no need to discuss anything with Bayern president Uli Hoeness," Watzke told Bild.
"I have kept a close eye on all developments in the past few months. We have a professional relationship. That's all we need.
"When I last spoke to Hoeness? At half-time during the Champions League final. I will keep it to myself what we talked about..."