Manchester City loanee Joao Cancelo is likely to leave FC Bayern after the season. The Munich team does not exercise the purchase option for the right-back.

He probably has no future under Pep Guardiola in Manchester – instead, the Portuguese could end up at another top club. Bayern defender Benjamin Pavard's future probably doesn't lie in Munich either. Dortmund's Raphael Guerreiro is probably on Bayern's shopping list. But before a transfer can be made, the Spanish top club must first set some financial course.