The 25-year-old has been linked with the Spanish giants for a long time, with Coutinho seemingly earmarked as a replacement for Andres Iniesta at the Nou Camp.
Whether that means Liverpool would entertain a bid if it was at a price they felt was worthy of the Brazilian’s value remains to be seen.
Liverpool have insisted that Coutinho won’t be sold, with Jurgen Klopp saying earlier this week: “Not only Philippe, but it’s a good thing to talk about because in the transfer window, if the world thinks about improving a squad it’s all about bringing in new players.”
But with Barcelona potentially losing Neymar to PSG for an incredible €200 million, they could well turn their attention to replacing him with his compatriot.
PSG had been reported to be interested in Coutinho until this week’s Neymar reports.