Deal done: Liverpool 'accept €160million offer from Barcelona and Brazilian agrees five-year deal'
Liverpool have agreed a deal to sell Philippe Coutinho to Barcelona, according to reports in Spain.
Spanish daily newspaper Sport, which is based in Barcelona, claims the Reds accepted an offer which could be worth up to €160million (£140m) .
Barca will pay a fixed amount of €120m (£106m) with a further €40m (£35m) in potential add-ons.
Coutinho has been angling for a move to the Nou Camp since the summer.
Barcelona made three attempts to sign the playmaker but Liverpool refused all offers, the last worth around €130m (£115m).
Coutinho has continued to impress for the Reds, scoring 12 goals in 20 appearances this season, despite missing out on a move.
But now, with Barcelona upping their bid and the 25-year-old making it clear he still wants to go, Liverpool have reluctantly agreed to cash in this month.
The report in Sport reads: “Coutinho will be a Barcelona player for the next five season unless the negotiations break down in the final stages.
“The final offer fully met the requirements and the English club gave the OK.
"He has already agreed his contract at Barca, with a release clause of 500m euros. The final details of the transfer are being thrashed out by Liverpool and Barca right now.
“Coutinho was with his family yesterday, awaiting instructions as to his next move. He has been key to the deal, forcing Liverpool to honour the commitment they made last summer to allow him to leave in January.
“Coutinho has said that he is not thinking of playing again for Liverpool. He wants to say goodbye to the fans and travel to Barcelona immediately for his official presentation.”
The deal would make Coutinho the third most expensive footballer in history, behind fellow Brazilian Neymar [£199m - Barcelona to PSG] and French starlet Kylian Mbappe [£166m - when his loan from Monaco to PSG becomes permanent in the summer].
Liverpool are likely to move to bring in a replacement for Coutinho this month.