Barcelona Announce Philippe Coutinho Signing

Barcelona have officially announced the signing of Philippe Coutinho following his transfer from Liverpool for £142 million on a five-and-a-half-year contract.

The club had been pursuing the 24-year-old since last summer with Barcelona president Josep Maria Bartomeu describing the Brazilian as “one of the world’s stars,” but Liverpool were reluctant to let the Brazil international go and did everything they could to keep him at Anfield.

It is understood Coutinho paid about £9 million out of his own pocket and is committed to paying another £2.5 million in the future for the contract that includes a £354.6million buyout clause.

This figure according to the January 2018 CIES Football Observatory figures, means the Brazilian is valued at £123million, which indicates Barcelona overpaid by £19million to land the former Liverpool man.

Coutinho underwent a two-stage medical on Monday which revealed a thigh injury meaning the Brazilian will have to wait at least three weeks before he can make his Barcelona debut, missing this week’s cup clash along with La Liga matches against Real Sociedad, Real Betis and Alaves.

After three failed bids from Barcelona back in the summer, the largest of which was worth £113m, plus an unsuccessful transfer request submitted by Courtinho, a delighted Bartomeu said:

“We’ve been working for months on this. But one of the important aspects was that he [Coutinho] wanted to come here. He made an effort, he was patient and that was a determining factor in bringing him here.

“Everybody knows him as a player, we know about his professional career, but what I can say is that it wasn’t easy to bring him here. He wanted to be here and he’s part of this new project with [Ernesto] Valverde.

“I want to thank Liverpool, one of Europe’s biggest clubs, for allowing him to leave.”