Coutinho handed in a transfer request over the summer that was rejected, and Barca engaged in a public approach for the player, bidding three times and seeing each one of their offers turned down by the Merseysiders.
Liverpool were reluctant to sell their star asset last summer, despite receiving a bid believed to be in the region of £120m, but are thought to be willing to sell next summer.
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"I will not say how much we offered, but they asked for €200m".
Reports originating from Spain claim that the Reds have struck a deal with the Brazilian that would enable them to retain him for a little longer but then allow him to leave from January 1st.
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It's also claimed that Coutinho was determined not to play for Liverpool in this season's Champions League to ensure he wasn't cup tied for Barcelona later on in the competition.
Liverpool forward Philippe Coutinho could reportedly complete a midseason move to Barcelona after being "promised" a January move to the Camp Nou following his failed attempt to secure a summer exit.
Seeing no other way to try and force his move to Barca, Coutinho agreed to Liverpool's wishes and has already represented the club in draws with Sevilla and Spartak Moscow.
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According to fresh Spanish reports however, the Brazilian is expecting to make a mid-season departure and join up with Barca in January, despite being cup-tied in the Premier League.