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Bayern 'cautiously optimistic' on new contract for Man City-linked Alaba but won't sign Coutinho

Bayern Munich chief executive Karl-Heinz Rummenigge is "cautiously optimistic" that David Alaba will sign a contract extension with the Bundesliga champions.

Versatile defender Alaba has less than a year remaining on his existing deal at the Allianz Arena but, according to reports, the club are unwilling to meet his demand for a €20 million (£18m/$24m) annual salary.

Hansi Flick has expressed his hope that the Austria international will finish his career at Bayern, who are gearing up for a Champions League quarter-final against Barcelona in Lisbon on Friday.