German side Bayern Munich have not exercised their purchase option to make Phillippe Coutinho's loan move from Barca to the Bavarians permanent, and that clause has now expired, the club chairman Karl-Heinz Rummenigge revealed.

Coutinho, who joined Barcelona from Liverpool at the start of 2018, has never been able to live up to the billing at the Catalan club. The Brazilian playmaker struggled to deliver the goods in his two seasons with Barcelona and was subsequently loaned out to Bayern with an optional clause to make the move permanent for €120m.

The former Reds star has neither been an outstanding performer nor an utter flop at the German, and Bayern eventually decided against exercising the option. "The option expired and we haven't activated it," club chairman Rummenigge told German magazine Der Spiegel [via Goal].

However, Coutinho could still be playing for Bayern come next season as the Rummeneigge said the club will see if he has a role to play for them. He said, "We're going to plan our squad for next season and we'll see if he still has a role to play with us or not."

Should clubs not agree another loan deal, Barcelona might cash in on the player in the summer as they are reportedly looking to raise funds to sign some of their transfer targets.