Bayern won’t exercise 120-million-euro option to buy Coutinho

Bayern Munich will not activate a 120-million-euro ($130 million) option to buy on-loan Brazilian star Philippe Coutinho from Barcelona, the German champions' chairman Karl-Heinz Rummenigge told Der Spiegel magazine on Friday. The option expired and "we haven't activated it," said Rummenigge. Coutinho joined Bayern last August but has failed to shine on a consistent basis.