Sancho is reportedly being monitored by several Premier League sides following another impressive season in Germany's top tier, the winger having been linked with the likes of Manchester United, Liverpool and Chelsea in recent months.
"I can not promise we will dominate football now, nor do I know if it is time to talk about major upheavals", he told German newspaper Bild.
"If Jadon comes up to us and says I absolutely want to leave - which has not been the case so far - and a team wants to pay what we want, then we will discuss it", he said. However, in the end, Klopp had to watch Dortmund decline as they continued to lose their best players - Shinji Kagawa, Nuri Sahin, Mario Gotze, Robert Lewandowski - to other richer clubs.
Despite leading Liverpool to their first league title in 30 years, Klopp does not feel he is the best coach in the world.
The two clubs are clearly at an impasse but Dortmund's hand may be forced given their latest announcement. "That hasn't happened here and now the team has been exceptionally consistent for 2½ years", he added.
"We have left the period where we had to sell players".
Manchester United have been given a pretty significant boost in their race for Jadon Sancho after Borussia Dortmund's latest announcement. "But I don't think such a transfer will take place this summer.", Klopp told BILD. "If he moved to Liverpool, I would be the most surprised of all". "I wrote a thank-you text to Christian Seifert (Bundesliga's CEO) and had a lot of contact with him during the lockdown".
Solskjaer was cheekily asked by Norwegian TV channel Viaplay about the chances he will sign someone from Dortmund, he replied with a grin: 'I'm good at math, but I can't answer that question.