Liverpool and Barcelona have agreed the transfer of Philippe Coutinho, a 25-year-old Brazilian, on a five-and-a-half year contract worth €160 million (£142m).
Liverpool FC can confirm Philippe Coutinho will be leaving the club after a transfer agreement was reached with FC Barcelona, subject to medical and agreement of personal terms,” a satement read on Liverpool’s website.
“The player now has permission to complete the usual formalities to conclude the transfer immediately.”
A statement from the La Liga giants read: “FC Barcelona and Liverpool FC have reached an agreement for the transfer of Philippe Coutinho. The player will sign a contract for the remainder of the season and five more, and will have a buyout clause of 400 million euros.”