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Bayern Munich will not give David Alaba an ultimatum to sign a new contract, according to the club's sporting director Hasan Salihamidzic.
George Alaba reacted furiously to Hoeness' insinuation his son was only interested in money and accused him of "spreading dirty lies”.
Hoeness had also accused Alaba's agent Pini Zahavi of being a "greedy piranha."
The comments from Hoeness forced Alaba himself to get involved in the fray, with the defender denying accusations that his financial demands were excessive.
Last month Bayern Munich President Herbert Hainer insisted that his club's contract offer to Alaba is "fair and competitive” .
Salihamidzic says that Bayern are keen to keep hold of the player, but insists the club will not put undue pressure on him to reach an agreement.
"First of all, David is our player and he has been at this club for a long time," Salihamidzic told reporters on Monday. "I think you can imagine that we will not give him an ultimatum because we are serious about this.
"We try to convince David to stay and we would obviously be happy if he does stay here in Munich. We hope the contract will be signed soon."
The 2019-20 was particularly memorable for Alaba and Bayern, winning the Bundesliga and German Cup before defeating PSG in the Champions League final last month to clinch a treble.
He was also part of the Bayern side that beat Sevilla to lift the Super Cup last month.