Barcelona has finally given up on the hunt for Coutinho.
Barca’s three bids in the space of a month and a ton of pressure exerted on the Brazilian which led to him putting in a transfer request and pleading to be granted a move failed to break the Reds’ resolve.
They will have to spend the proceeds of the £200million sale of Neymar elsewhere, report the Liverpool Echo.
Sunday’s laughable 7pm deadline that Barcelona set Liverpool to agree to an offer they had instantly rejected 48 hours earlier went unanswered by sporting director Michael Edwards.
The Anfield hierarchy had been bewildered by the structure of the proposed deal. The headline figure was £118m, which would have made Coutinho the second most expensive player in history, but an email detailed that just £82m was guaranteed and even that was payable in four installments.