The Bavarian club, as it did with the Colombian from Madrid, want a two-season-loan transfer with a non-mandatory buy-out option, according to Mundo Deportivo.
Bayern are hoping to strengthen the side with Coutinho, but some of their offers have yet to satisfy Barcelona and Coutinho, the Brazilian playmaker could be involved in a deal for Neymar. According to MD.
Real Madrid had problems with James and no team wanted to buy him, so Bayern finally signed him from Real Madrid on a two-year-loan deal for €10m, with an option to buy of €40m.
According to MD, Bayern now want to do the same for Coutinho, paying a loan fee each season without a buyout option.
The Bundesliga transfer window closes on August 25 and Bayern have time to improve their offer, but PSG are also eyeing Coutinho.