Philippe Coutinho wants to return to the Premier League, according to his agent.
Kia Joorabchian has said he would also be willing to stay at Bayern Munich.
Bayern can sign Coutinho permanently in the summer for €120 million but sources have told ESPN they will not take up that option.
"It's up to Bayern Munich whether or not they want to extend the loan," Joorabchian added. "It's purely Bayern's decision, we have a will to stay, and we will see about next season when we get back to this 'new normal.' We've had some conversations with Bayern about next season [already]."